Generac jumps on $2.4B Amazon generator deal
Generac shares rose more than 30% in premarket after signing a $2.4 billion deal to sell data-center generators to Amazon; Lennar cut its full-year home delivery target due to interest-rate pressure.
Generac Holdings (GNRC) shares rose more than 30% in premarket trading after the backup-power company signed a 2.4 billion deal to sell data-center generators to Amazon. Lennar (LEN) cut its home delivery target for the full year, citing interest-rate pressure and wo…