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Workhorse Group, Inc. engages in designing and build performance battery-electric vehicles and aircraft. It develops cloud-based, real-time telematics performance monitoring systems. Read More The firm operates in two divisions, Automotive and Aviation. The Automotive division operates as a original equipment manufacturer of class 3-6 commercial-grade, medium-duty truck chassis, marketed under the Workhorse brand. The Aviation division offers delivery drones and SureFly multicopter. The company was founded by Stephen S. Burns on February 20, 2007 and is headquartered in Loveland, OH.
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Seeking AlphaMay 23
Workhorse gives back more GM gains
Workhorse Group (NASDAQ:WKHS) is down another 3.77% in the premarket session to follow on yesterday's 6.47% drop. Investors appear to be peeling back their positions just a bit on profit taking after the monster rally following news of Workhorse talks with GM on a plant deal. For the year, Workhorse is still up over 200%....
Seeking AlphaMay 10
Workhorse Group Triples In Price On A Pump And Trump
Workhorse Group Inc. (WKHS) rose 214% to $2.65 on Wednesday with it trading over $3 on Thursday morning before it pulled back to close at $2.05 after this Tweet by President Trump: In In what I will call the Workhorse Pump and Trump, Trump announced that General Motors Company (GM) will be selling their Lordstown plant to Workhorse with the plan to build electric trucks before either company was ready to issue a press release outlining the details of the deal. This tweet has interesting implications for t...
Yahoo FinanceMay 9
New Life For Lordstown? Workhorse In Talks To Acquire Shuttered GM Facility
Workhorse Group (NASDAQ: WKHS) is in the final stages of acquiring General Motors' (NYSE: GM) Lordstown Complex in Lordstown, Ohio, GM said in a statement on May 8, 2019. Under the terms of the deal, which has not been finalized, a newly formed entity led by Workhorse founder Steve Burns would acquire the facility with Workhorse itself holding a minority interest in the new entity.
Expected Aug 5, Pre-Market