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Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%

CNBC

BusinessCNBC·Sep 16, 2026·1 min read

Amazon obtains right to buy stock in Generac, boosting power company's share price by over 40%

Amazon was granted warrants to buy up to $340 million worth of Generac stock as part of a deal to supply backup power generators for its data centers.

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