Workhorse Group (NASDAQ:WKHS) is showing investors what backing penny stocks can lead to—massive and sudden gains. Shares of the electric-powered vehicle maker have skyrocketed since early May, growing over 500% in value.
Now, there are potentially more gains ahead for WKHS stock, as a lucrative contract lies within reach.
Let’s check this out.
Workhorse Group Gains 500%Workhorse Group produces electric-powered delivery and utility vehicles. Shares were trading sideways for most of one year, selling in and around the $0.80 mark. However, in May, General Motors (NYSE:GM) announced it was in discussions ...
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