DJ Workhorse Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Workhorse Group Inc. $(WKHS)$ tumbled 10.55% to $0.89 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 1.24% to 20,173.89 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's third consecutive day of losses.
Workhorse Group Inc. closed $7.29 short of its 52-week high ($8.18), which the company reached on February 21st.
The stock underperformed when compared to some of its competitors Monday, as Tesla Inc. $(TSLA)$ rose 6.14% to $463.02 and General Motors Co. $(GM)$ fell 0.55% to $52.24.
Trading volume (3.8 M) eclipsed its 50-day average volume of 3.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:28 ET (22:28 GMT)
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