WKHS - What's Going On With Workhorse Group Stock Monday? | Benzinga
Workhorse Group Inc (NASDAQ:WKHS) shares are in the spotlight Monday as the stock begins trading on a split-adjusted basis. Here’s a look at what you need to know.
What To Know: Workhorse announced a 1-for-20 reverse stock split of its common stock last week after shareholders approved the move at the company’s annual meeting of stockholders in May.
The reverse stock split is aimed at increasing the market price of Workhorse’s common stock to regain compliance with the minimum bid price requirement for continued listing on the Nasdaq. Workhorse has until Sept. 16 to comply with ...