The latest update is out from Workhorse Group ( (WKHS) ).
On March 12, 2025, Workhorse Group Inc. announced a 1-for-12.5 reverse stock split of its common stock, effective March 17, 2025. This move aims to regain compliance with Nasdaq’s minimum bid price requirement, although there is no assurance of success. The reverse split will reduce the number of authorized common shares and adjust stockholder positions automatically, without affecting voting rights or ownership percentages.
More about Workhorse Group
Workhorse Group Inc. is a technology company focused on pioneering the transition to zero-emission commercial vehicles. The company designs and builds its vehicles in the United States at the Workhorse Ranch in Union City, Indiana, catering to last-mile delivery, medium-duty operations, and a growing range of specialized applications.
YTD Price Performance: -51.47%
Average Trading Volume: 2,977,625
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $14.95M
Find detailed analytics on WKHS stock on TipRanks’ Stock Analysis page.
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