Why Workhorse Stock Just Crashed 12%
Shares of Workhorse Group (NASDAQ: WKHS), a start-up manufacturer of electric trucks whose stock has surged in hopes it's about to win a large contract from the U.S. Postal Service, is galloping in the wrong direction this morning. As of 11 a.m. EST, the stock is down 12%.
We know at least one reason why Workhorse Group stock has been going up -- but why is it now going down?
Source Fool.com