dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.
The U.S. Postal Service awarded the first part of the 10-year, multi-billion dollar contract for modernization of the postal delivery vehicle fleet to Oshkosh Defense. The initial investment will be $482 million. The U.S. Postal Service contract award decision was drawn out over several years after a series of delays. The contract was seen by the Street as an upside catalyst for pre-revenue Workhorse Group.
Workhorse isnt going out of business, they will be reporting earnings on Monday. Lets see what they have to say before I give up on them
Great time to buy
Wow that truck is a piece of shit.
political fucking corruption at its finest. Oshkosh doesnt even make electric vehicles. SMH
$XL will win
What happened to ALL EV GOVERNMENT FLEET? Cmon biden! Fire DeJoy! That’s a slap in the face! POTUS
say it with me 'OVER SOLD'