Generac Holdings Inc (GNRC)

Generac (GNRC) shares dropped 24.40% after missing Q2 earnings and lowering full-year guidance. Revenue fell 23%, and gross margin declined to 32.8%. However, the company remains optimistic about long-term demand from extreme weather events and power grid failures. Investors may consider buying the dip.

https://www.fool.com/investing/2023/08/02/why-generac-stock-tumbled-today/

GNRC's stock fell 8.05% due to the release of meeting minutes from the Fed's June policy meeting. U.S. equities were lower at midday following the July 4th holiday ahead of this meeting. The Dow, S&P 500, and Nasdaq were all down. GNRC shares slumped after hitting a 2023 high on Monday following a boom in demand for generators amid storm and heat-related power outages.

https://www.investopedia.com/markets-fell-at-midday-ahead-of-release-of-fed-minutes-7556952?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral