Workhorse Group Inc. Stock Falls 23.0%, Underperforms Competitors

Dow Jones03-13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Workhorse Group Inc. plummeted 23.0% to $0.21 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 2.0% to 17,303.01 and Dow Jones Industrial Average falling 1.3% to 40,813.57.

This was the stock's second consecutive day of losses.

Workhorse Group Inc. closed 96.2% below its 52-week high of $5.50, which the company reached on March 15th.

The stock underperformed when compared to some of its competitors, as Tesla Inc. fell 3.0% to $240.68, General Motors Co. fell 1.6% to $47.11.

Trading volume totaled 8.6 million, compared to the 50-day average of 3.0 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 13, 2025 16:33 ET (20:33 GMT)

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