|Bid||11.54 x 3200|
|Ask||11.59 x 2900|
|Day's Range||11.51 - 12.34|
|52 Week Range||7.07 - 42.96|
|Beta (5Y Monthly)||2.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Quarter after quarter of missed production targets finally caught up with Workhorse Group CEO Duane Hughes, ousted Thursday at the electric delivery van maker and replaced by auto industry veteran Rick Dauch. Workhorse (NASDAQ: WKHS) has produced very few composite body electric vans in each of the past few quarters. Supply chain disruptions are the latest setback following a decision to change battery suppliers and a COVID outbreak that affected 36% of the workforce. The company failed to meet
Electric vehicle company Workhorse Group said on Thursday it appointed Richard Dauch as the company's chief executive officer. Effective August 2, Dauch will succeed Duane Hughes who has served as the company's CEO over the last two years. Dauch previously served as the CEO of vehicle propulsion systems maker Delphi Technologies.
Effective August 2, Dauch will succeed Duane Hughes who has served as the company's CEO over the last two years. Dauch previously served as the CEO of vehicle propulsion systems maker Delphi Technologies. The company also said it was withdrawing its previously stated forecast during the leadership transition, in order to give Dauch sufficient time to establish a plan to address continuing challenges.