DJ Workhorse Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Workhorse Group Inc. $(WKHS)$ slid 5.81% to $0.81 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's fifth consecutive day of losses.
Workhorse Group Inc. closed $7.37 short of its 52-week high ($8.18), which the company reached on February 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Tesla Inc. $(TSLA)$ fell 8.28% to $440.13 and General Motors Co. $(GM)$ fell 2.27% to $49.99.
Trading volume (3.5 M) eclipsed its 50-day average volume of 3.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:28 ET (22:28 GMT)
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