Stocks
Generac Stock Drops Amid Amazon Power Deal Worth Up to $8 Billion
Generac Holdings Inc.'s stock price dropped to $199.42 on Nasdaq at 4:00 p.m. ET on September 23, 2026, a decline of 3.27 percent from the previous close of $206.17.
The drop follows an agreement with Amazon that gives Generac a multi-year data center revenue opportunity.
Amazon has added $2.4 billion to its power deal with Generac, which is expected to reach up to $8 billion in payments tied to generator purchases over the next two years.