Workhorse Group Inc. stock falls Thursday, underperforms market

Workhorse Group Inc. stock falls Thursday, underperforms market

Shares of Workhorse Group Inc. WKHS, -9.15% slid 9.15% to $2.88 Thursday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.40% falling 1.40% to 13,352.78 and Dow Jones Industrial Average DJIA, -0.02% falling 0.02% to 34,160.78. Workhorse Group Inc. closed $40.08 short of its 52-week high ($42.96), which the company reached on February 4th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Tesla Inc. TSLA, -11.55% fell 11.55% to $829.10, Toyota Motor Corp. ADR TM, -2.17% fell 2.17% to $189.96, and Ferrari N.V. RACE, -2.27% fell 2.27% to $221.12. Trading volume (8.6 M) eclipsed its 50-day average volume of 5.9 M.

Share:
error: Content is protected !!