DJ Workhorse Group Inc. Stock Rises Wednesday, Still Underperforms Market
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Shares of Workhorse Group Inc. $(WKHS)$ advanced 1.18% to $0.71 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 2.45% to 19,511.23 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.
The stock's rise snapped a five-day losing streak.
Workhorse Group Inc. closed 91.29% short of its 52-week high of $8.18, which the company reached on February 21st.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ rose 8.04% to $428.22 and General Motors Co. $(GM)$ rose 1.49% to $51.70.
Trading volume (4.1 M) eclipsed its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.
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(END) Dow Jones Newswires
January 15, 2025 18:10 ET (23:10 GMT)
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