Shares of Workhorse Group Inc. WKHS, -4.20% slipped 4.20% to $3.42 Monday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, -0.14% falling 0.14% to 13,332.36 and Dow Jones Industrial Average DJIA, -0.11% falling 0.11% to 34,411.69. This was the stock’s second consecutive day of losses. Workhorse Group Inc. closed $15.17 short of its 52-week high ($18.59), which the company achieved on June 9th.
The stock underperformed when compared to some of its competitors Monday, as Tesla Inc. TSLA, +1.96% rose 1.96% to $1,004.29, Toyota Motor Corp. ADR TM, +1.80% rose 1.80% to $170.27, and Ferrari N.V. RACE, +0.23% rose 0.23% to $220.50. Trading volume (6.2 M) eclipsed its 50-day average volume of 5.8 M.