Furthermore, since we began discussing Workhorse, the (former) penny stock has climbed nearly 1,120%. On April 1 of this year, shares opened for trade at $1.70 and as of highs on June 24, WKHS stock has climbed as much as 488%. While trading volume has remained relatively light compared to this week, WKHS stock has mounted an impressive rally in the second quarter. That took the penny stock back down to lows of $1.35. Then when the market dropped in March, Workhorse wasn’t immune to the selling pressure. But like many penny stocks, WKHS ended up pulling back by the end of the year. The breakout to ensue saw the penny stock explode to highs of $5.37 by the end of July.
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