Generac Holdings (GNRC) Soars 8.5%: Is Further Upside Left in the Stock?

Generac Holdings (GNRC) shares soared 8.5% in the last trading session to close at $173.82. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14.7% gain over the past four weeks. The increase in share price can be attributed to the arrival of Hurricane Milton in the Southeast United States. When hurricanes or other natural disasters cause power outages, backup generators become essential for homeowners, businesses, and emergency se ...