DJ Workhorse Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ slipped 4.02% to $0.87 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.38% to 18,189.17 and the Dow Jones Industrial Average rising 0.04% to 42,330.15.
The stock's fall snapped a two-day winning streak.
Workhorse Group Inc. closed $9.10 short of its 52-week high ($9.97), which the company achieved on October 18th.
The stock underperformed when compared to some of its competitors Monday, as Tesla Inc. $(TSLA)$ rose 0.45% to $261.63 and General Motors Co. $(GM)$ fell 3.53% to $44.84.
Trading volume (1.2 M) remained 908,363 below its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 30, 2024.
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(END) Dow Jones Newswires
September 30, 2024 17:37 ET (21:37 GMT)
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