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Generac Holdings (GNRC -9%) slides today after the company unveiled a secondary offering of...

Generac Holdings (GNRC -9%) slides today after the company unveiled a secondary offering of around 11.5M shares on behalf of its biggest shareholder and members of the company's board and senior management. Generac, which is the leading maker of standby residential-backup generators, has seen its stock jump over 40% recently on the back of Hurricane Sandy.
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