Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Workhorse Group Inc. Stock Sheds 8.0%, Underperforms Peers

Workhorse Group Inc. Stock Sheds 8.0%, Underperforms Peers

Dow JonesDow Jones2026/08/06 20:33

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Workhorse Group Inc. slid 8.0% to $3.23 on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.1% to 26,348.35 and Dow Jones Industrial Average falling 0.9% to 53,885.10.

The stock's fall snapped a three-day winning streak.

Workhorse Group Inc. closed 87.8% below its 52-week high of $26.40, which the company achieved on August 15th.

The stock underperformed when compared to some of its peers, as Tesla Inc. fell 0.6% to $319.53, General Motors Co. fell 2.5% to $86.94.

Trading volume totaled 67,786, compared to the 50-day average of 132,418.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 06, 2026 16:33 ET (20:33 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!