Published on 13 Jan 2022 on Market Watch
Shares of Workhorse Group Inc. dropped 0.74% to $4.01 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index rising 0.23% to 15,188.39 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. Workhorse Group Inc. closed $38.95 below its 52-week high ($42.96), which the company achieved on February 4th.
The stock underperformed when compared to some of its competitors Wednesday, as Tesla Inc. rose 3.93% to $1,106.22, Toyota Motor Corp. ADR rose 2.33% to $206.61, and Ferrari N.V. rose 1.60% to $258.41. Trading volume (4.3 M) remained 3.2 million below its 50-day average volume of 7.5 M.