Workhorse Group shares plummet as Postal Service delays delivery truck contract to early 2021. Separately, a potential short seller claims the electric delivery truck maker is worth just 20% of its valuation.
Shares of Cummins Inc. (NYSE: CMI) decreased by $0.47 on February 6 after the company missed the consensus expectations of fourth quarter earnings per share (EPS) of $3.81 by 8.6 percent, according to Seeking Alpha. Non-GAAP EPS was only $3.48.
Wolfe Research downgraded several trucking stocks Friday after their analysts revealed concerns over spot rates, according to Seeking Alpha
According to at least one analyst, Tesla may be putting its ambitious Semi project on hold as it tries to solve its many other issues, including Model 3 production.
