Workhorse shares are trading higher after FedEx placed a purchase order for 15 Workhorse W56 step vans.
Portfolio Pulse from Benzinga Newsdesk
Workhorse shares are experiencing an uptick following FedEx's order for 15 Workhorse W56 step vans.
September 09, 2024 | 12:51 pm
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POSITIVE IMPACT
Workhorse shares are trading higher due to FedEx's purchase order for 15 W56 step vans, indicating positive market reception and potential revenue growth.
The purchase order from FedEx is a positive development for Workhorse, suggesting increased demand for its products. This news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100