Shares of Workhorse Group Inc.
shed 3.78% to $11.21 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index
rising 0.36% to 14,684.60 and the Dow Jones Industrial Average
rising 0.07% to 34,823.35. The stock's fall snapped a three-day winning streak. Workhorse Group Inc. closed $31.75 short of its 52-week high ($42.96), which the company reached on February 4th.
The stock underperformed when compared to some of its competitors Thursday, as Tesla Inc.
fell 0.92% to $649.26, Toyota Motor Corp. ADR
fell 0.94% to $177.99, and Ferrari N.V.
rose 0.78% to $207.21. Trading volume (4.9 M) remained 16.2 million below its 50-day average volume of 21.1 M.