Generac (GNRC) Stock Trades Up, Here Is Why
Update: 2025-10-31
Description
Generac's stock experienced a rebound on October 31st, rising by 2.8% after a previous drop due to lower-than-expected third quarter earnings, attributed to fewer power outages. Despite the core business slowdown, commercial and industrial products, particularly those for data centers, are growing. The stock closed at $168.04, up 1.4% for the day. Investors seem to view Generac's fluctuations as part of its normal cycle, given the unpredictable nature of its sales. Year-to-date, shares are up 7%, but still 17% below their August high. Long-term investors may feel the impact, as a $1000 investment five years ago would now be worth around $780.
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