Published on 18 Nov 2021 on Market Watch
Shares of Workhorse Group Inc. shed 6.34% to $6.35 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.45% to 15,993.71 and the Dow Jones Industrial Average falling 0.17% to 35,870.95. This was the stock's third consecutive day of losses. Workhorse Group Inc. closed $36.61 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 Thursday, as Tesla Inc. rose 0.68% to $1,096.38, Toyota Motor Corp. ADR fell 0.84% to $184.65, and Ferrari N.V. fell 0.18% to $265.80. Trading volume (8.6 M) remained 272,583 below its 50-day average volume of 8.8 M.