DJ Workhorse Group Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Workhorse Group Inc. $(WKHS)$ inched 0.99% higher to $1.02 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 1.30% to 19,735.12 and the Dow Jones Industrial Average rising 0.69% to 45,014.04.
The stock's rise snapped a two-day losing streak.
Workhorse Group Inc. closed $7.76 below its 52-week high ($8.78), which the company achieved on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ rose 1.85% to $357.93 and General Motors Co. $(GM)$ fell 0.56% to $53.36.
Trading volume (1.3 M) remained 1.7 million below its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 4, 2024.
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(END) Dow Jones Newswires
December 04, 2024 17:33 ET (22:33 GMT)
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