Workhorse Group Inc. Stock Slides 3.4%, Underperforms Market
Dow Jones2026/08/24 20:35This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Workhorse Group Inc. shed 3.4% to $3.12 on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.3% to 53,417.16 and the NASDAQ Composite Index falling 0.8% to 25,980.19.
Workhorse Group Inc. closed 82.7% short of its 52-week high of $18.06, which the company reached on August 25th.
The stock demonstrated a mixed performance when compared to some of its peers, as Tesla Inc. fell 3.8% to $348.95, General Motors Co. fell 1.1% to $86.98.
Trading volume totaled 89,400, compared to the 50-day average of 112,694.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 24, 2026 16:35 ET (20:35 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
European economic resilience exceeds expectations, ECB board member Kocher says higher interest rates are sustainable
Martin Kocher, a member of the Executive Board of the European Central Bank and Governor of the Austrian National Bank, stated in an interview that the resilience shown by the European economy has exceeded expectations.
Reform remains unresolved, UBS downgrades Pacific Gas and Electric (PCG.US) rating to "Neutral"
UBS has downgraded California utility company Pacific Gas and Electric (PCG.US) from "Buy" to "Neutral," lowering the target price from $19 to $14.
UBS is bullish on CoreWeave (CRWV.US): Initiates "Buy" rating, betting on the return of AI trading rotation.
UBS has initiated coverage of the emerging cloud service provider CoreWeave (CRWV.US) with a "Buy" rating and set a target price of $120.
Crypto prices
More
