Advertisement

Why Workhorse Group Stock Is Falling Today

Why Workhorse Group Stock Is Falling Today

Shares of electric-truck maker Workhorse Group (NASDAQ: WKHS) were trading sharply lower on Monday, after the company announced first-quarter results that fell well short of Wall Street's expectations. Workhorse announced its first-quarter results before the U.S. markets opened on Monday, and they weren't good. Wall Street's expectations weren't huge, but analysts on average were expecting revenue of more than four times that figure.