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Dec 8, 2025 4:10 PM

What's Going On With Workhorse Shares Monday?

Worhorse Group Inc. (NASDAQ:WKHS) shares were trading higher but have since reversed and begun trading lower after the company’s previously announced 1-for-12 reverse stock split went into effect.

What To Know: The reverse split took effect at Monday's market open, and the stock began trading on a split-adjusted basis. Stockholders approved the move on Nov. 25, authorizing the board to enact a reverse split at a ratio between 1-for-8 and 1-for-12.

The board implemented a 1-for-12 ratio, reducing outstanding shares from about 26 million to roughly ...