Workhorse Group Inc. Stock Sheds 4.4%, Underperforms Competitors

Dow Jones
03-01

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Workhorse Group Inc. slipped 4.4% to $0.43 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.6% to 18,847.28 and the Dow Jones Industrial Average rising 1.4% to 43,840.91.

This was the stock's second consecutive day of losses.

Workhorse Group Inc. closed 93.8% below its 52-week high of $6.91, which the company achieved on March 1st.

The stock underperformed when compared to some of its competitors, as Tesla Inc. rose 3.9% to $292.98, General Motors Co. rose 3.1% to $49.13.

Trading volume totaled 1.6 million, compared to the 50-day average of 2.9 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 28, 2025 16:35 ET (21:35 GMT)

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