DJ Workhorse Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ shed 5.65% to $0.66 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 2.17% to 17,395.53 and the Dow Jones Industrial Average rising 0.31% to 40,861.71.
This was the stock's second consecutive day of losses.
Workhorse Group Inc. closed $14.64 below its 52-week high ($15.30), which the company achieved on September 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ rose 0.87% to $228.13 and General Motors Co. $(GM)$ fell 0.33% to $44.67.
Trading volume (3.6 M) eclipsed its 50-day average volume of 2.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 11, 2024.
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September 11, 2024 17:36 ET (21:36 GMT)
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