Workhorse Group Inc. Stock Sheds 22.0%, Underperforms Competitors

Dow Jones03-17

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

Shares of Workhorse Group Inc. cratered 22.0% to $2.03 on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.3% to 17,808.66 and the Dow Jones Industrial Average rising 0.9% to 41,841.63.

Workhorse Group Inc. closed 97.0% short of its 52-week high of $68.43, which the company achieved on March 18th.

The stock underperformed when compared to some of its competitors, as Tesla Inc. fell 4.8% to $238.01, General Motors Co. rose 1.4% to $49.00.

Trading volume totaled 882,636, compared to the 50-day average of 255,993.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 17, 2025 16:33 ET (20:33 GMT)

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