Why Workhorse Group Stock Jumped 30% Today

Why Workhorse Group Stock Jumped 30% Today

Shares of electric van maker Workhorse Group (NASDAQ: WKHS) shot up 30% early Monday before paring those gains. Last week, Workhorse Group said it met with USPS representatives to discuss the contract results and more specifics of the selection process. Over the weekend, Ohio Rep. Tim Ryan called for an investigation into the contract award, according to the American Journal of Transportation.