Published on 19 Nov 2021 on Market Watch
Workhorse Group Inc. stock falls Friday, underperforms market
Shares of Workhorse Group Inc. slipped 1.26% to $6.27 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.40% to 16,057.44 and the Dow Jones Industrial Average falling 0.75% to 35,601.98. This was the stock's fourth consecutive day of losses. Workhorse Group Inc. closed $36.69 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 Friday, as Tesla Inc. rose 3.71% to $1,137.06, Toyota Motor Corp. ADR rose 0.71% to $185.96, and Ferrari N.V. rose 2.07% to $271.31. Trading volume (3.6 M) remained 5.3 million below its 50-day average volume of 8.9 M.