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The Latest Breaking News from Workhorse Group Inc

Analyzing Buy, Hold, or Sell For These 3 Auto Picks

The auto industry is expected to flourish due to technological advancements and the rising adoption of electric vehicles. While the industry outlook may seem promising, let us analyze whether to Buy, Hold or Sell auto stocks, Subaru (FUJHY), Harley-Davidson (HOG), and Workhorse Group (WKHS).

Steer Clear of These 4 Auto Stocks in 2023

Steer Clear of These 4 Auto Stocks in 2023

Although inflation continues to ease, it remains elevated, impacting new vehicle sales. Concerns over aggressive rate hikes and impending recession are expected to keep the auto industry under pressure. Therefore, it could be best to avoid fundamentally weak stocks NIO (NIO), Lucid Group (LCID), Rivian Automotive (RIVN), and Workhorse Group…

3 Auto Stocks That Are Stuck in Reverse

3 Auto Stocks That Are Stuck in Reverse

The shares of car-making companies have been suffering off late as investors fret over a potential recession and falling car sales. Hence, it could be wise to avoid fundamentally weak auto stocks XPeng (XPEV), Workhorse Group (WKHS), and Faraday Future Intelligent Electric (FFIE), which are stuck in reverse. Continue reading.

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4 Auto Stocks to Sell Right Now and 1 to Buy

The automobile industry has been hit this year by supply chain issues, rising raw material prices, and chip shortages. With a recession expected next year, financially weak auto stocks could continue to tumble. Thus, it could be wise to sell Lucid Group (LCID), Workhorse Group (WKHS), Mullen Automotive (MULN), and…

3 Stocks You'll Want to Leave out of Your Retirement Portfolio

The stock market is experiencing wild swings amid the consecutive Federal rate hikes and deteriorating investor sentiments. Moreover, the aggressive rate hikes are raising recession concerns. Therefore, fundamentally weak stocks Uber Technologies (UBER), Workhorse Group (WKHS), and AppHarvest (APPH) might be best avoided for your retirement portfolio. Also, these stocks…

The 5 Worst EV Stocks You Should Not Buy in 2022

Although EV demand is growing, the industry is riddled with charging infrastructure and semiconductor chip shortage issues. Therefore, we believe it could be wise to avoid fundamentally poor EV stocks Lucid Group (LCID), Nikola (NKLA), Canoo (GOEV), Workhorse Group (WKHS), and Mullen Automotive (MULN) this year. Let's discuss this in…

Now Is the Time to Sell These 3 EV Stocks

The road to mainstream EV adoption seems to be lengthy. Moreover, the industry is still grappling with looming supply chain disruptions and a shortage of key raw materials. Given the industry headwinds, we think investors should avoid fundamentally bleak EV stocks Workhorse Group (WKHS), Rivian Automotive (RIVN), and Lucid Group…

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Why Workhorse Shares Are Rising Today

Why Workhorse Shares Are Rising Today

Workhorse Group Inc (NASDAQ: WKHS) shares are trading higher by 3.94% at $2.64. The company Tuesday morning reported first-quarter earnings results.

Read How Workhorse Group Fared In Q1

Read How Workhorse Group Fared In Q1

Workhorse Group Inc (NASDAQ:WKHS) reported a first-quarter FY22 sales decline of 97.3% year-on-year, to $14.3 thousand, beating the consensus of $10 thousand. The decrease in sales was primarily related to the reduction in truck sales volume. The cost of sales decreased to $3.9 million from $6.2 million last year. Total operating expenses jumped…

Why Workhorse Shares Are Rising

Why Workhorse Shares Are Rising

Workhorse Group Inc (NASDAQ: WKHS) shares are trading higher after the company reported fourth-quarter results. The company said it expects to sell at least 250 vehicles in 2022 and generate at least $25 million in revenue.

Why Nio, Workhorse And Nikola Shares Are Rising

Why Nio, Workhorse And Nikola Shares Are Rising

Shares of electric and clean energy vehicle companies, including Nio Inc (NYSE: NIO), Workhorse Group Inc (NASDAQ: WKHS) and Nikola Corp (NASDAQ:

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Organisations

US Federal Reserve

Auto Vehicle Manufacturers

Uber Technologies Inc

Rivian Automotive Inc

Lucid Group, Inc.

Honda Motor Co Ltd

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