Why is it called the Motley Fool? The Workhorse Group was dropped once more on Wednesday. The stock of Workhorse Group (NASDAQ: WKHS) began at $13.85, fell to a low of $12.43 during the day, and closed at $12.51, a 9.61 percent decline in one day. Workhorse, an electric vehicle manufacturer, has been a darling among individual investors, with shares reaching as high as $17 last week. Workhorse, which lost the contract to build the next-generation trucks for the US Postal Service to Oshkosh Defense, a branch of Oshkosh, has filed a formal lawsuit with the Federal Claims Court over the bidding procedure./n
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2021-07-08T13:44:22-04:00July 8th, 2021|