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.
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Generac shares jump after Amazon backup generator deal
Generac Holdings said Amazon agreed to buy backup generators for its data centers under a multi-year agreement with initial deliveries worth $2.4 billion.
Generac shares jump on long-term Amazon data center generator deal
Generac Holdings (GNRC) shares rose more than 30% before the opening bell Thursday after it secured a long-term agreement to supply backup generators for Amazon (AMZN) data centers, with initial deliveries expected to total about $2.4 billion in 2027 and 2028.
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 shares surge after Amazon generator supply deal disclosure
Generac stock jumped about 34% in after-hours after the company disclosed a long-term agreement to supply Amazon with generators for its data centers. Initial deliveries are expected to total $2.4 billion across 2027 and 2028.
Generac jumps after-hours on Amazon data-center backup power deal
Generac Holdings (GNRC) surged about 40% in after-hours trading after signing a long-term agreement to supply backup power generators for Amazon.com’s (AMZN) data centers, described as potentially worth more than $8 billion.