Why Shares of Workhorse Group Soared Higher in January
Shares of Workhorse Group (NASDAQ: WKHS) surged 73.5% higher in January, according to data provided by S&P Global Market Intelligence. The electric delivery truck maker started the month with a major order and ended it with investors feeling optimistic an even bigger order might be on the horizon.
Workhorse is one of a generation of start-up vehicle makers trying to electrify the automotive industry. The company is targeting last-mile delivery, making trucks and vans to help get deliveries to their destinations.
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Source Fool.com
