Shares in Workhorse Group Inc.
slipped 3.39% to $ 36.19 Friday on what turned out to be an all-around favorable trading session for the stock market with the NASDAQ Composite Index
rising 0.50% to 14,095.47 and the Dow Jones Industrial Average
increasing 0.09% to 31,458.40. This was the stock’s third losing day in a row. Workhorse Group Inc. closed $ 6.77 below the 52-week high ($ 42.96) that the company reached on February 4th.
The stock underperformed some of its competitors on Friday when Tesla Inc.
rose 0.55% to $ 816.12, Toyota Motor Corp. ADR
rose 0.98% to $ 160.49 and Ferrari NV
rose 0.20% to $ 205.35. Trading volume (5.7 million) remained 10.3 million below the average 50-day volume of 16.0 million.