Workhorse Group Announces 1-for-12.5 Reverse Stock Split
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Workhorse Group Inc. announced a 1-for-12.5 reverse stock split, effective March 17, 2025. The stock will continue trading under the symbol WKHS on Nasdaq.
March 12, 2025 | 12:45 pm
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NEUTRAL IMPACT
Workhorse Group Inc. is implementing a 1-for-12.5 reverse stock split, which will reduce the number of shares outstanding and potentially increase the stock price per share.
The reverse stock split will consolidate shares, reducing the number of shares outstanding and potentially increasing the stock price per share. This action is often used to meet exchange listing requirements or to make the stock more attractive to investors. However, it does not change the company's market capitalization. The neutral score reflects the uncertainty of the market's reaction to the split.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100