0.55Open0.65Pre Close28 Volume298 Open Interest1.50Strike Price1.31KTurnover0.00%IV-4.55%PremiumNov 22, 2024Expiry Date0.40Intrinsic Value100Multiplier-1DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma2.59Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Workhorse Stock Discussion
Benzinga· 2 mins ago
NorthStar Courier Becomes First FedEx Service Provider Outside California to Deploy Workhorse W56 Electric Step Van
Gonna load more after panic sellers. They're gonna be all over soon. At least as good as $Blue Bird (BLBD.US)$
In its Q3 earnings call slides, Workhorse Group (WKHS) says the company has "reduced its cash burn rate to less than $3.5 million per month (used to be $5.1M) in the last six months and also has $106.7 in financing facility still available as of September 30, 2024.
Sales, net of returns and allowances, for the third quarter of 2024 and 2023 were $2.5 million and $3.0 million, respectively. The decrease in sales was primarily due to the non-recurrence of a $2.3 million sales allowance reversal related to W4 CC vehicle sales recognized in the prior period and an increase in W4 CC and W56 truck sales in the current period of $1.8 million.
Cost of sales was $6.6 million in the third quarter compared to $...
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