Why Workhorse Stock Is Rising

Workhorse Group Inc (NASDAQ: WKHS) shares are trading higher by 8.44% to $2.58 as EV stocks gain amid strength in growth equities. What's Happening In The Broader EV Space?

Workhorse Group Inc (NASDAQ:WKHS) shares are trading higher by 8.44% to $2.58 as EV stocks gain amid strength in growth equities.

What’s Happening In The Broader EV Space?

  • Tesla Inc (NASDAQ:TSLA) is trading higher despite an earlier call from Morgan Stanley analyst Adam Jonas maintaining Tesla with an Overweight and lowering the price target from $350 to $330…Read More
  • Lucid Group Inc (NASDAQ:LCID) shares are trading higher after the company signed an MoU with the Human Resources Development Fund in Saudi Arabia. The HRDF will contribute over $50 million over a five-year period…Read More

 

According to data from Benzinga Pro, WKHS has a 52-week high of $7.80 and a 52-week low of $2.11.

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This week's U.S. jobs report could be a signal for what's to come from the Federal Reserve later this month.  What To Know: The U.S. jobs report, which is due at 8:30 a.m. Friday morning, will be closely watched, as it has the potential to shift the sentiment of Fed officials ahead of the upcoming policy meeting in mid-September. 

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