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Shares of backup power generation company Generac Holdings surged more than 7% on Monday as Hurricane Milton rapidly strengthened into a Category 5 storm. Hurricane Milton is forecast to move ...

"And so the donated generator was able to get there from ... Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox.

The stock has gained nearly 35% so far in 2024. The generator maker experienced a similar stock-price bump due to Hurricane Helene a few weeks ago, jumping about 10% the week that storm made landfall.