Generac shares surge after up to $8 billion Amazon supply deal
Generac shares jumped 18.4% in the afternoon session after the company reached an agreement valued at up to $8 billion to supply Amazon with data center backup-power generators.
Shares of power generation products company Generac NYSE:GNRC jumped 18.4% in afternoon trading after it reached an agreement valued at up to $8 billion to supply Amazon with data center backup-power generators. Under the supply agreement, Generac will provide Amazon with…