Why Workhorse Group Stock Just Galloped 13% Higher
Shares of Workhorse Group (NASDAQ: WKHS), a tiny automotive start-up focused on building electric delivery vans and drones for transportation companies, saw its stock surge higher in Tuesday morning trading. As of 1:30 p.m. EDT, Workhorse Group stock is up a healthy 13%.
But on a day in which Workhorse had no news to report -- no earnings, press releases, or even an analyst upgrade -- the question that presents itself to investors is: Why?
Image source: Getty Images.
Source Fool.com