Streetbeat News

WKHS

Workhorse Group Inc.

https://www.workhorse.com

Industry

Auto - Manufacturers

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

Open

1.16

Mkt cap

30M

Volume

4.7M

High

1.42

P/E Ratio

-0.13

52-wk high

8.78

Low

1.00

Div yield

N/A

52-wk low

0.57

U.S. stocks traded higher with the Nasdaq Composite surging over 200 points. Key movers included Mustang Bio, Allego N.V., and Aaron's Company, which saw significant gains, while Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 6:40 pm

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

U.S. stocks traded mixed with the S&P 500 edging higher. Mustang Bio shares surged 240% on positive clinical trial data, Allego shares rose 127% on a tender offer, and Aaron’s Company shares increased 32% on an acquisition agreement. Aerovate Therapeutics, Workhorse Group, and Ovid Therapeutics saw significant declines.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 4:16 pm

Workhorse shares are trading lower as the stock began trading on a split-adjusted basis today.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 3:51 pm

Trading halt status for Workhorse Group Inc. (WKHS) was updated at 8:55:00 AM ET. The company is expected to resume trading following the release of news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:55 pm

Workhorse Group Inc (NASDAQ:WKHS) has implemented a 1-for-20 reverse stock split to increase its stock price and regain compliance with Nasdaq's minimum bid price requirement. The company has until September 16 to ensure its stock trades above $1 for 10 consecutive days.

Portfolio Pulse from Adam Eckert

June 17, 2024 | 12:51 pm

The EV sector saw significant developments this week, including Tesla's shareholder meeting, Fisker's recall, Workhorse's reverse stock split, and Faraday Future's new deliveries. Tesla's reapproval of Elon Musk's compensation plan and optimistic future projections were key highlights. Fisker faced challenges with a major recall, while Workhorse announced a reverse stock split and strategic collaborations. Faraday Future resumed deliveries and hinted at an affordable EV. Ford eased dealer investment norms due to slow EV adoption. The KraneShares Electric Vehicles and Future Mobility Index ETF fell 3.83% for the week.

Portfolio Pulse from Shanthi Rexaline

June 15, 2024 | 2:53 pm

Trading has been halted for an unspecified reason at 7:50:00 p.m. ET, with news pending. This halt could impact the stock price of Workhorse Group Inc. (WKHS).

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 11:50 pm

Workhorse shares are trading lower after the company announced a 1-for-20 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:45 pm

Workhorse Group Inc. (NASDAQ:WKHS) announced a 1-for-20 reverse stock split, effective June 17, 2024. The stock will continue trading under the symbol 'WKHS' on a reverse split-adjusted basis.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:45 pm

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