Workhorse stock extends selloff as shock USPS contract loss prompts a downgrade, price target cut
February 24, 2021 at 09:24 AM EST
Shares of Workhorse Group Inc. kept falling Wednesday, extending the previous session's near-record plunge, after the disappointment over losing out on the U.S. Postal Service trucks contract prompted one of the most bullish analysts on Wall Street to downgrade the electric vehicle maker.