Hindenburg Research is Short Workhorse Group (WKHS), Sees 50% Downside

July 10, 2020 1:25 PM EDT
Get Alerts WKHS Hot Sheet
Price: $10.79 -3.75%

Overall Analyst Rating:
    NEUTRAL (= Flat)

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(Updated - July 10, 2020 1:25 PM EDT)

Hindenburg Research said it is short Workhorse Group (NASDAQ: WKHS). The firm believes there is an "immediate" 50% downside in the stock and sees the chance of the company winning a material USPS contract as "virtually zero."

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