Published on 3 Dec 2021 on Market Watch
Workhorse Group Inc. stock outperforms competitors despite losses on the day
Shares of Workhorse Group Inc. slid 4.93% to $5.01 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.92% to 15,085.47 and Dow Jones Industrial Average falling 0.17% to 34,580.08. This was the stock's fourth consecutive day of losses. Workhorse Group Inc. closed $37.95 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 Friday, as Tesla Inc. fell 6.42% to $1,014.97, Toyota Motor Corp. ADR fell 0.38% to $182.46, and Ferrari N.V. fell 1.40% to $258.81. Trading volume (8.1 M) remained 720,658 below its 50-day average volume of 8.8 M.