Generac Stock Soars on $8B Amazon Supply Deal

Generac Holdings Inc.'s stock surged by 18% after the company announced an $8 billion supply deal with Amazon. The news sent shockwaves through the market, as investors reacted positively to the massive agreement.

The deal is a significant milestone for Generac, which has been expanding its presence in the renewable energy sector. As part of the agreement, Generac will supply solar panels and other equipment to Amazon's operations worldwide.

While there was no official comment from Amazon or Generac on the terms of the deal, analysts believe that this partnership will provide a substantial boost to Generac's revenue in the coming years.