Workhorse Group Inc. stock falls Tuesday, underperforms market
Shares of Workhorse Group Inc.
slipped 2.87% to $8.45 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 0.45% to 15,037.76 and Dow Jones Industrial Average
falling 0.84% to 34,577.57. This was the stock’s third consecutive day of losses. Workhorse Group Inc. closed $34.51 short of its 52-week high ($42.96), which the company reached on February 4th.
The stock underperformed when compared to some of its competitors Tuesday, as Tesla Inc.
rose 0.20% to $744.49, Toyota Motor Corp. ADR
rose 0.52% to $179.39, and Ferrari N.V.
rose 0.68% to $220.78. Trading volume (4.3 M) remained 3.5 million below its 50-day average volume of 7.8 M.