Workhorse Group Inc. stock falls Monday, underperforms market
Shares of Workhorse Group Inc.
slipped 4.32% to $8.19 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index
falling 2.19% to 14,713.90 and Dow Jones Industrial Average
falling 1.78% to 33,970.47. The stock’s fall snapped a two-day winning streak. Workhorse Group Inc. closed $34.77 short of its 52-week high ($42.96), which the company achieved on February 4th.
The stock underperformed when compared to some of its competitors Monday, as Tesla Inc.
fell 3.86% to $730.17, Toyota Motor Corp. ADR
fell 2.34% to $176.71, and Ferrari N.V.
fell 1.49% to $213.17. Trading volume (4.7 M) remained 2.7 million below its 50-day average volume of 7.4 M.