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WKHS / Workhorse stock sags after quarterly revenue misses by a wide margin

Shares of Workhorse Group Inc. WKHS were dropping 6% in premarket trading Wednesday after the last-mile electric-vehicle company fell short of expectations with its fourth-quarter revenue and posted a wider quarterly loss than anticipated. The company posted a net loss of $38.7 million, or 24 cents a share, compared with a loss of $156.1 million, or $1.08 a share, in the year-earlier period. Read More

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Posted: Mar 1 2023, 09:19

Author Name: Market Watch

WKHS News

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