News – USA – Workhorse stock falls after News Oshkosh wins USPS deal

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Shares in Workhorse Group Inc
WKHS,
-4746%
fell nearly 50% at the end of Tuesday’s trading session after it was revealed that Oshkosh Corp.
OSK,
614%
won a US. Billions worth of Postal Contract Oshkosh’s shares rose roughly 5% after a bigger surge in 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 50000 to 165000 vehicles over a 10-year period, said Oshkosh

Bill &’s Melinda Gates Foundation Trust closed its position in Alibaba when Jack Ma retired from the public, instead Gates increased its stake in a drug discovery software provider

Oshkosh Corporation, United States Postal Service, Workhorse Group, NASDAQ: WKHS, NYSE: OSK, Stock, Oshkosh Defense, LLC

News – USA – Workhorse stock falls after the news Oshkosh have won USPS contract

Source: https://www.marketwatch.com/story/workhorse-stock-plunges-after-news-oshkosh-wins-usps-contract-2021-02-23