Generac shares are trading higher after the company reportedly said it is seeing increased demand for backup generators in Texas.
Portfolio Pulse from Benzinga Newsdesk
Generac shares are trading higher following the company's report of increased demand for backup generators in Texas.
June 27, 2023 | 4:33 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Generac's stock is trading higher due to increased demand for its backup generators in Texas.
The increased demand for Generac's backup generators in Texas is a positive development for the company. This increased demand could lead to higher sales and revenues, which is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100