Generac (GNRC) Sees a Little Profit Taking Ahead of Hurricane Matthew
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As Hurricane Matthew is on a course to make landfall on Florida's east coast on Thursday, Generac (NYSE: GNRC) is seeing a little 'sell the news' response. Shares are down 2% early Wednesday but remain up nearly 10% over the past several days leading up to the storm.
Hurricane warnings have been issued in Florida from Golden Beach, Florida, to Sebastian Inlet in Florida. Lake Okeechobee also issued a warning.
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