EV Stock Workhorse Has Tumbled. CEO Rich Dauch Bought Up Shares.

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https://www.barrons.com/articles/ev-stock-workhorse-ceo-51647538318


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Workhorse Group stock hit a nearly two-year low a few weeks ago, and CEO Rich Dauch and executive Stan March just bought up shares of the electric-vehicle maker on the open market.

Workhorse (ticker: WKHS) may not be an old gray mare, but it ain’t what it used to be. Shares have managed to gain 0.5% year to date, with Friday’s close of $4.38, and they are off a Feb. 24 intraday low of $2.58—the stock hasn’t traded at that level since June 2020. The company’s market value has plunged to $635 million from $2.8 billion in October…