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Workhorse Group Inc - WKHS STOCK NEWS

Welcome to our dedicated news page for Workhorse Group (Ticker: WKHS), a resource for investors and traders seeking the latest updates and insights on Workhorse Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Workhorse Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Workhorse Group's position in the market.

News
Workhorse Group Adjourns Special Meeting of Stockholders
Rhea-AI Summary
Workhorse Group Inc. has adjourned its Special Meeting of Stockholders to give more time for voting on the proposal to increase the number of shares of Workhorse common stock. The company is exploring financing options and urges stockholders to vote FOR the proposal. Leading proxy advisory firms ISS and Glass Lewis also recommend voting FOR the proposal. As of August 28, 2023, 49.68% of Workhorse shares voted for the proposal, with 85% of all voted shares supporting it.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
none
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News
Workhorse Hosts Webcast to Answer Stockholder Questions
Rhea-AI Summary
Workhorse Group Inc. urges stockholders to vote for proposal to increase number of authorized shares, stating the need for additional capital to fund next phase of execution and product roadmaps. Believes in achieving 2023 revenue guidance through securing HVIP voucher process, selling W4 CCs, and ramping up W750 production. Confident in market shift to EV and positioning themselves to ride that wave. Special Meeting scheduled for August 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
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News
Workhorse Group Reminds Stockholders to Vote “FOR” the Proposal to Increase the Number of Authorized Shares
Rhea-AI Summary
Workhorse Group reminds stockholders to vote "FOR" proposal to increase number of shares at upcoming Special Meeting. Company highlights progress on strategic plans and need for financing. Encourages stockholders to follow recommendations of proxy advisors ISS and Glass Lewis.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.65%
Tags
none
News
Workhorse Files Prospectus Supplement in Connection with Special Meeting
Rhea-AI Summary
Workhorse Group reminds stockholders to vote for proposal to increase number of authorized shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.65%
Tags
none
-
News
Workhorse Highlights Why Stockholders Should Vote FOR Proposal to Increase Workhorse’s Authorized Shares
Rhea-AI Summary
Workhorse Group Inc. plans to increase its authorized shares of common stock to fund its business operations. The company aims to use the additional capital to advance its commercial EV product roadmap, grow its Aero business, and invest in facilities and other initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
none
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News
Workhorse to Host Stockholder Q&A Webcast with Management Team
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.82%
Tags
conferences
News
Workhorse Encourages Stockholders to Vote FOR Long-term Growth and Stockholder Value Creation
Rhea-AI Summary
Workhorse Group Inc. (Nasdaq: WKHS) urges stockholders to vote 'FOR' the proposal to increase the number of authorized shares of common stock, following the recommendations of ISS and Glass Lewis. The company aims to raise additional financing to fund its operations, working capital, operating expenses, and capital expenditures. The Special Meeting is scheduled for August 28, 2023, and stockholders of record at the close of business on July 10, 2023, are entitled to vote.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.69%
Tags
none
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News
Workhorse Group Reports Second Quarter 2023 Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.78%
Tags
earnings
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News
Workhorse Highlights ISS Recommendation that Stockholders Vote FOR the Proposal to Increase the Number of Authorized Shares
Rhea-AI Summary
Workhorse Group Inc. receives a recommendation from Institutional Shareholder Services Inc. to increase the number of authorized shares of common stock. The company urges stockholders to vote for the proposal to ensure financial resources for continued growth and value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.3%
Tags
none
News
Workhorse Group Mails Letter to Stockholders from Chief Executive Officer, Rick Dauch
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.25%
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none
Stock WKHS logo
Workhorse Group Inc

Nasdaq:WKHS

WKHS Rankings

#4694 Ranked by Market Cap
#5404 Ranked by Stock Gains
N/A Ranked by Dividends

WKHS Stock Data

61.32M
309.05M
6.35%
16.38%
17.59%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
US
Loveland

About WKHS

the workhorse group designs and produces battery-electric power trains in its 50,000 sq. ft. facility in loveland, oh for its new workhorse chassis. workhorse’s approach to building its battery electric power trains uses proven, automotive-grade, mass-produced parts coupled with its custom designed, proprietary control software. workhorse group inc. is an original equipment manufacturer (oem) of class 3-6 workhorse brand medium-duty truck chassis. its 200,000 sq. ft. assembly plant enables it to build the tried and true w62 chassis and the new, narrower-track w88 chassis at price points and performance specifications sure to be attractive to fleet purchasers. the horsefly™ uav delivery system is a custom built, high efficiency octocopter-based delivery uav that is fully integrated with our line of electric/hybrid delivery trucks. the horsefly system is designed to conform to the faa guidelines for uav operation in the u.s. most notably, being fully integrated with delivery trucks, the