DJ Workhorse Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Workhorse Group Inc. $(WKHS)$ advanced 7.65% to $0.77 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 0.60% to 18,291.62 and the Dow Jones Industrial Average rising 1.03% to 42,512.00.
The stock's rise snapped a two-day losing streak.
Workhorse Group Inc. closed $9.21 short of its 52-week high ($9.97), which the company achieved on October 18th.
The stock outperformed some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ fell 1.41% to $241.05 and General Motors Co. $(GM)$ rose 4.17% to $47.93.
Trading volume (1.2 M) remained 1.0 million below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 9, 2024.
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(END) Dow Jones Newswires
October 09, 2024 17:34 ET (21:34 GMT)
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