Shares of Workhorse Group Inc. WKHS, -7.17% shed 7.17% to $2.07 Monday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index COMP, -1.96% falling 1.96% to 11,393.81 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 33,717.09. Workhorse Group Inc. closed $3.32 short of its 52-week high ($5.39), which the company reached on April 5th.
The stock underperformed when compared to some of its competitors Monday, as Tesla Inc. TSLA, -6.32% fell 6.32% to $166.66 and General Motors Co. GM, -4.37% fell 4.37% to $36.29. Trading volume (2.4 M) remained 1.3 million below its 50-day average volume of 3.6 M.