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Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers. Shares of Generac soared more than 40%. In this ...

Generac shares surged more ⁠than 40% in extended trading. Sign up here. As part of the deal, Generac issued a warrant to Amazon.com NV Investment Holdings to acquire up to 1.69 million shares of the ...

Generac Holdings (NYSE: GNRC) has entered into a long-term supply agreement with Amazon.com, Inc. to provide backup power generators for Amazon data centers, according to a press release statement ...

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Wall Street is responding on Thursday to news of Amazon's deal with generator maker Generac with a flood of buy ratings and higher price targets. Generac shares were up more than 19% in Thursday's ...

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SA Spotlight uses AI to summarize content published on Seeking Alpha. All summaries are reviewed by human editors prior to publication. Shares of Generac Holdings (GNRC), a manufacturer of ...

Generac Holdings disclosed a big, long-term deal to supply backup power generators for Amazon data centers. Amazon also will get warrants to buy Generac stock, which skyrocketed early Thursday.