DJ Workhorse Group Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ slipped 5.98% to $0.80 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.78% to 18,712.75 and the Dow Jones Industrial Average falling 0.36% to 42,233.05.
The stock's fall snapped a two-day winning streak.
Workhorse Group Inc. closed $8.20 short of its 52-week high ($9.00), which the company reached on November 8th.
The stock underperformed when compared to some of its competitors Tuesday, as Tesla Inc. $(TSLA)$ fell 1.14% to $259.52 and General Motors Co. $(GM)$ fell 2.26% to $51.54.
Trading volume (700,106) remained 1.6 million below its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 29, 2024.
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October 29, 2024 17:34 ET (21:34 GMT)
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