Published on 29 Nov 2021 on Market Watch
Shares of Workhorse Group Inc. rallied 1.73% to $5.89 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.88% to 15,782.83 and the Dow Jones Industrial Average rising 0.68% to 35,135.94. The stock's rise snapped an eight-day losing streak. Workhorse Group Inc. closed $37.07 short of its 52-week high ($42.96), which the company achieved on February 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Tesla Inc. rose 5.09% to $1,136.99, Toyota Motor Corp. ADR fell 1.31% to $177.47, and Ferrari N.V. rose 1.16% to $265.77. Trading volume (5.0 M) remained 3.9 million below its 50-day average volume of 8.9 M.