Generac Holdings shares are trading higher amid Hurricane Helene. The company is a manufacturer of generators and power equipment.
Portfolio Pulse from Benzinga Newsdesk
Generac Holdings shares are experiencing an uptick in trading due to Hurricane Helene, as the company specializes in generators and power equipment.
September 26, 2024 | 7:10 pm
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Generac Holdings shares are trading higher due to increased demand for generators amid Hurricane Helene. The company's focus on power equipment positions it well during such events.
Hurricane Helene is likely to increase the demand for generators, which are a key product of Generac Holdings. This demand surge is positively impacting the company's stock price in the short term.
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