Generac Holdings shares are trading higher amid Hurricane Milton. 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 Milton. As a manufacturer of generators and power equipment, the demand for Generac's products is likely to increase in response to the hurricane.
October 09, 2024 | 1:03 pm
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Generac Holdings shares are trading higher due to increased demand for generators and power equipment amid Hurricane Milton.
Hurricane Milton is likely to cause power outages, increasing the demand for Generac's generators and power equipment. This demand surge is positively impacting Generac's stock price.
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