Generac Stock Jumps 18% on Massive Amazon Supply Deal

Generac Holdings (GNRC) stock surged by nearly 18% after it was announced that the company has secured an $8 billion supply deal with Amazon. The partnership is a significant boost for Generac, which provides backup power solutions to households and businesses.

The agreement marks one of the largest deals in Generac's history, and the company's stock price reacted positively to the news. As part of the deal, Generac will provide Amazon with backup power systems that can be used during outages or other disruptions.