Workhorse Group Inc. stock falls Friday, underperforms market

Workhorse Group Inc. stock falls Friday, underperforms market

Shares of Workhorse Group Inc. WKHS, -5.12% shed 5.12% to $3.15 Friday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP, -1.23% falling 1.23% to 13,548.07 and Dow Jones Industrial Average DJIA, -0.68% falling 0.68% to 34,079.18. This was the stock’s second consecutive day of losses. Workhorse Group Inc. closed $31.42 short of its 52-week high ($34.57), which the company achieved on February 19th.

The stock underperformed when compared to some of its competitors Friday, as Tesla Inc. TSLA, -2.21% fell 2.21% to $856.98, Toyota Motor Corp. ADR TM, +1.30% rose 1.30% to $188.97, and Ferrari N.V. RACE, -0.27% fell 0.27% to $220.38. Trading volume (3.3 M) remained 2.9 million below its 50-day average volume of 6.1 M.

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