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Workhorse Names New CEO With Auto Experience: What Investors Should Know
Thursday, July 29, 2021 - 11:59am | 417Last-mile delivery and electric vehicle company Workhorse Group Inc (NASDAQ: WKHS) announced its new chief executive officer Thursday. What Happened: Richard F. Dauch was named the new CEO of Workhorse, beginning Aug. 2, 2021. Dauch will also join the Board of Directors. Dauch follows...
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Why Workhorse Stock Is Soaring Today
Thursday, June 3, 2021 - 9:19am | 369Workhorse Group Inc (NASDAQ: WKHS) is trading significantly higher Thursday morning as retail trader interest increases as a result of the stock's high short interest. What Happened: Workhorse has started to pick up traction across social media platforms. Retail traders are...
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Workhorse Gets $200 Million To Advance Electric Van Production
Monday, October 12, 2020 - 2:52pm | 714Workhorse Group (NASDAQ: WKHS) is selling $200 million in new debt to build up cash it needs to increase production of its electric delivery vans. It is also converting a more expensive note to new stock. Issuing new debt is a common tactic for Workhorse. Borrowing costs less now because investors...