Published on 30 Dec 2021 on Market Watch
Shares of Workhorse Group Inc. rallied 3.18% to $4.54 Thursday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 0.16% to 15,741.56 and Dow Jones Industrial Average falling 0.25% to 36,398.08. The stock's rise snapped a three-day losing streak. Workhorse Group Inc. closed $38.42 short of its 52-week high ($42.96), which the company reached on February 4th.
The stock outperformed some of its competitors Thursday, as Tesla Inc. fell 1.46% to $1,070.34, Toyota Motor Corp. ADR rose 0.22% to $184.08, and Ferrari N.V. fell 0.38% to $256.83. Trading volume (9.2 M) eclipsed its 50-day average volume of 8.0 M.