Shares of so-called stonks, or stocks popular with retail investors, are mostly seeing gains in the early pre-market session on Friday after the blistering rally fizzled a bit on Thursday.
Shares of Workhorse Group (NASDAQ:WKHS) saw some unusual options activity on Friday. Following the unusual option alert, the stock price moved down to $13.34.
During Q1, Workhorse Group (NASDAQ:WKHS) brought in sales totaling $521.06 thousand. However, earnings decreased 105.36%, resulting in a loss of $16.45 million. Workhorse Group earned $307.20 million, and sales totaled $652.00 thousand in Q4.
One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Gainers
DLocal Limited (NASDAQ: DLO) shares jumped 54.2% to close at $32.39 on Thursday. DLocal raised around $92.6 million from the sale of 4.4 million shares in its IPO.