Workhorse Stock – Workhorse Group Inc. stock falls Tuesday, underperforms market
Shares of Workhorse Group Inc.
shed 2.62% to $12.27 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index
falling 0.92% to 13,786.27 and Dow Jones Industrial Average
falling 0.75% to 33,821.30. This was the stock’s second consecutive day of losses. Workhorse Group Inc. closed $30.69 below 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 0.61% to $718.99, Toyota Motor Corp. ADR
fell 1.48% to $154.10, and Ferrari N.V.
fell 1.11% to $209.85. Trading volume (9.8 M) remained 9.5 million below its 50-day average volume of 19.3 M.