DJ Workhorse Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ slid 6.67% to $0.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.25% to 42,635.20 and the NASDAQ Composite Index falling 0.06% to 19,478.88.
This was the stock's second consecutive day of losses.
Workhorse Group Inc. closed $7.42 short of its 52-week high ($8.18), which the company achieved on February 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ rose 0.15% to $394.94 and General Motors Co. $(GM)$ fell 1.89% to $51.00.
Trading volume (3.5 M) remained 210,456 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 17:38 ET (22:38 GMT)
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