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Why Workhorse Group Stock Jumped Today

TheMotleyFool

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Shares of Workhorse Group (NASDAQ: WKHS) have been quietly jumping all week, having gained 36% in just four days. The move up continued today with shares 13.2% higher as of 1:50 p.m. ET.

This week's jump seems to be due to investors taking notice of some large insider stock buys in the electric delivery vehicle maker in recent days. Though the sharp jump in the stock price still doesn't have shares in positive territory for the year, investors may be thinking there is good news coming soon and that the stock has bottomed for now.

Image source: Getty Images.

Source Fool.com

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