WKHS Stock: Why Hard-Hit Workhorse Is Starting to Rev Up Workhorse is ready to fight for a chance with the USPS. Here s what to watch. By Sarah Smith, InvestorPlace Web Content Producer Mar 1, 2021, 1:59 pm EDT March 1, 2021
Workhorse (NASDAQ:
WKHS) is not giving up. After losing almost half its value last week, WKHS stock is starting to rev up on Monday. It turns out that there are two reasons for the comeback.
Source: rblfmr / Shutterstock.com
Investors likely know that Workhorse is an electric vehicle startup promising to electrify last-mile delivery with its C-Series trucks. Although it has other customers, a big catalyst for shares was the coveted deal with the United States Postal Service. Last week, we learned that Workhorse lost that bid. Instead, the contract went to
Workhorse meeting with USPS about lost mail truck bid
onenewspage.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onenewspage.com Daily Mail and Mail on Sunday newspapers.
Workhorse to meet USPS on March 3 to discuss unfavorable contract decision
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.