Updated
Updated · MarketWatch · May 6Workhorse Group stock jumps 27.99% and outperforms competitors
11 articles · Updated · MarketWatch · May 6
- Shares closed at $4.07 as the Nasdaq rose 2.02% and the Dow gained 1.24% in a broadly stronger US market session.
- The rally ended a two-day losing streak and beat gains by Tesla, up 2.40% to $398.73, and General Motors, up 3.35% to $78.70.
- Trading volume reached 904,760, well above the 50-day average of 146,752, though the stock remains 93.95% below its 52-week high of $67.32.
Amid a 28% stock surge, why are Workhorse insiders consistently selling their shares? Will its new energy partnership finally allow Workhorse to challenge the EV industry giants?