Workhorse: Can New CEO Trigger a Turnaround? Analyst Weighs In
Yahoo! Finance
2021 has provided several headwinds for Workhorse (WKHS). For one, the electric-truck maker lost what appeared to be the stock’s most bullish driver – a USPS contract to renew the postal service’s aging delivery truck fleet; after a drawn out process, the contract was awarded to Oshkosh. Then, constrained by supply chain issues which have been a curse to many this year, the company lowered its full-year 2021 production guidance from 1,800 vehicles to 1,000 vehicles. The stock’s action has reflec
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