Why Workhorse Stock Crashed, and Then Jumped Higher, on Tuesday
Workhorse Group (NASDAQ: WKHS) took its investors on a wild ride on Tuesday, with the stock trading down more than 12% early and then spiking to trade up more than 10% around midday. There's a lot going on with this electric truck manufacturer, and investors are having a hard time right now digesting what it all means.
The Workhorse sell-off began on Monday after the company announced first-quarter results that were well below expectations. Workhorse delivered just six of its C-Series delivery vans in the first three months of 2021, generating total revenue of $521,060.
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Source Fool.com
