Published on 20 Jan 2022 on Market Watch
Shares of Workhorse Group Inc. shed 5.11% to $3.34 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.30% to 14,154.02 and Dow Jones Industrial Average falling 0.89% to 34,715.39. This was the stock's sixth consecutive day of losses. Workhorse Group Inc. closed $39.62 below its 52-week high ($42.96), which the company reached on February 4th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc. rose 0.06% to $996.27, Toyota Motor Corp. ADR fell 0.47% to $201.47, and Ferrari N.V. fell 1.04% to $236.60. Trading volume (7.1 M) eclipsed its 50-day average volume of 6.1 M.