0.91% +1.27

Generac Holdings Inc (GNRC)

Overview News Price History Option Chain Why GNRC Down? Discussions Forecast Stock Split Dividend History

Why is Generac Holdings Inc (GNRC) Stock down?

We've noticed a 5.12% decline in Generac Holdings Inc (GNRC) stock during the 2024-02-13 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

02 Aug, 2023:

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/

05 Jul, 2023:

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