Tag: Hurricane Milton
Potential Impact of Hurricane Milton: $175 Billion in Damages Predicted
Residents of St. Petersburg, Florida, are evacuating as Hurricane Milton approaches, with analysts predicting potential damages exceeding $175 billion in a worst-case scenario. Wall Street experts warn that the storm's impact could cause losses...
Generator Maker Generac’s Shares Soar, Insurance Stocks Drop Amid Hurricane Milton’s Intensification.
Generac Holdings, the company that produces backup power generators, experienced a significant increase in its shares by more than 7% on Monday. This surge was attributed to the rapid intensification of Hurricane Milton, which...