Generac

Generac is a company that manufactures and supplies backup power generators. It recently entered into a $2.4 billion long-term supply agreement with Amazon.

Why it’s in the news: It is in the news due to a major $2.4 billion supply deal with Amazon, which caused its stock to surge over 30%.

Latest on Generac

• Generac, Amazon strike $2.4 billion long-term generator supply deal
• Generac’s stock soars more than 30% after Amazon deal cements company’s status as an AI power player
• First deliveries of Generac's backup power generators are valued at $2.4 billion.
• Generac's stock rose over 30% following an Amazon deal that positions the company as an AI power player.
• [via Amazon]
• 13F: Cim Investment Management holds Generac ($3M)

Connections

7 entities linked to Generac across the news graph.