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Workhorse stock tumbles after EV maker misses revenue expectations, cuts full-year outlook
Shares of Workhorse Group Inc. tumbled 10.0% in morning trading Tuesday, after the electric vehicle maker reported second-quarter results that missed expectations, as vehicle sales fell, and lowered its full-year outlook. The net loss narrowed to $21.2 million, or 13 cents a share, from $43.6 million, or 35 cents a share, in the year-ago period. The FactSet consensus for per-share losses was 11 cents. Sales dropped to $12,555 from $1.20 million, below the FactSet consensus of $14,500. The compan
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