Overview
Here are the companies making headlines in midday trading.
Generac — The power generator stock climbed almost 6% after the company said it would supply backup power for a “leading hyperscale data center operator.” CEO Aaron Jagdfeld said, “This agreement positions Generac at the heart of supporting essential services and the digital economy.”
USA Rare Earth — Shares gained close to 5% after the mining and manufacturing company announced a $1.2 billion investment toward building a magnet manufacturing and refined metals facility in South Carolina
Source: https://www.cnbc.com/2026/06/02/stocks-making-the-biggest-moves-midday-cohr-mrvl-hpe-gnrc-intu.html