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Workhorse stock plunges after news Oshkosh wins USPS contract – MarketWatch

Shares of Workhorse Group Inc. undefined fell nearly 50% at the end of the trading session Tuesday following news that Oshkosh Corp. undefined won a U.S….

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Shares of Workhorse Group Inc.
WKHS,
-47.46%
fell nearly 50% at the end of the trading session Tuesday following news that Oshkosh Corp.
OSK,
+6.14%
won a U.S. Postal Service contract worth billions. Shares of Oshkosh were rising around 5% after a bigger spike on the news. The contract calls for Oshkosh Defense to help modernize the postal service’s delivery vehicle fleet with fuel-efficient and hybrid vehicles. The contract calls for the delivery of between 50,000 and 165,000 vehicles over…

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