Why NIO, Nikola, and Workhorse Group Stocks Are Down Today
Shares of several electric-vehicle companies were down on Monday afternoon, amid a broad-market sell-off on dimming hopes for a financial-aid deal and a surge in coronavirus cases in the United States and Europe.
Here's where things stood as of 2:30 p.m. EDT for these three companies, relative to their closing prices on Friday:
Simply put, I think some investors were unloading volatile stocks in response to events that raised concerns about the coronavirus and the U.S. economy.
Source Fool.com
