Why Workhorse Shares Are Trading Lower Today

Loading...
Loading...

Workhorse Group Inc WKHS shares are trading lower by 8.5% at $12.70 amid possible profit-taking after the stock surged recently amid momentum in high short interest names.

According to data from Swaggy Stocks, Workhorse is the 24th-most-mentioned ticker on the popular subreddit WallStreetBets.

Workhorse Group is a technology company. It designs, develops, manufactures and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand.

The company's products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100.

E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Short IdeasSmall CapMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...