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.
October 07, 2024 | 2:20 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 is Generac's primary product. This demand surge is positively impacting the stock price as investors anticipate higher sales.
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