DJ Workhorse Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Workhorse Group Inc. $(WKHS)$ soared 29.53% to $0.75 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.16% to 16,884.60 and the Dow Jones Industrial Average rising 1.20% to 40,829.59.
Workhorse Group Inc. closed $14.55 short of its 52-week high ($15.30), which the company achieved on September 13th.
The stock outperformed some of its competitors Monday, as Tesla Inc. $(TSLA)$ rose 2.63% to $216.27 and General Motors Co. $(GM)$ rose 0.55% to $47.40.
Trading volume (24.4 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 9, 2024.
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(END) Dow Jones Newswires
September 09, 2024 17:36 ET (21:36 GMT)
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