Workhorse Group Inc. (WKHS) Stock Update and Strategic Development
Market Performance (24‑hour period ending 06:43 PM CET, Friday 23 Sep 2026)
- Current price: USD 2.58
- Change: ‑1.13 %
- Trading volume: USD 139.1 k
- Market capitalization: USD 29 m
- Outstanding shares: 10.9 m
- 52‑week high: USD 13.32 (27 Oct 2025)
- 52‑week low: USD 2.31 (29 Apr 2026)
- 200‑day simple moving average: USD 3.31
- Monthly trend: ‑13.25 % since the end of the previous month
Strategic Partnership Announcement Workhorse Group Inc. announced a dealership agreement with Canadian fleet manager Tristan.
- Scope: Sale and servicing of the all‑electric W56 cargo van across Quebec and Ontario.
- Product range: Multiple wheelbases and battery configurations will be offered.
- Support network: Tristan’s existing maintenance infrastructure will be leveraged.
- Business significance: First franchise arrangement for Workhorse in Canada; expands the company’s footprint in a market with growing demand for sustainable freight solutions and government incentives for electric vehicles.
Related Stock Activity (Last 24 Hours)
| Symbol | Trade Direction | Current Price (USD) | Market Cap (USD m) | Notes |
|---|---|---|---|---|
| QTI | Down 0.86 % | 2.33 | 33.8 | |
| FLL | Up 3.19 % | 0.83 | 34.5 | Filed report (21 Oct 2026) detailing casino replacement plans and financing negotiations. |
| XBP | Down 2.56 % | 2.94 | 33.9 | P/E ratio 0.03. |
| PLNH | Down 3.64 % | 0.10 | 34.6 | |
| IGCRF | Down 7.28 % | 0.26 | 33.6 | Announced partnership with ARMI Solutions to expand federal market presence; no specific contracts disclosed. |
Company Overview Workhorse Group Inc. is headquartered in Loveland, Colorado, and specializes in battery‑electric vehicles and aircraft. Core products include cargo vans, medium‑to‑light‑duty pickup trucks, delivery drones, and eVTOL aircraft. The company also develops real‑time telematics and performance‑monitoring systems. Workhorse is listed on the Nasdaq stock exchange; further information is available on its website, www.workhorse.com .
