DJ Workhorse Group Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ slid 8.46% to $0.96 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.03% to 18,972.42 and the Dow Jones Industrial Average rising 1.06% to 43,870.35.
This was the stock's second consecutive day of losses.
Workhorse Group Inc. closed $7.82 short of its 52-week high ($8.78), which the company achieved on December 6th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. $(TSLA)$ fell 0.70% to $339.64 and General Motors Co. $(GM)$ rose 1.48% to $55.68.
Trading volume (5.0 M) eclipsed its 50-day average volume of 2.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 21, 2024.
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(END) Dow Jones Newswires
November 21, 2024 17:33 ET (22:33 GMT)
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