Workhorse stock price as of June 5

As of June 5, 2024, Workhorse stock price shows modest consolidation after testing $1 resistance in late May. Analysts note short interest remains elevated, suggesting potential for abrupt volatility tied to regulatory updates in the commercial EV space. Russia said on Monday that its military was analyzing whether or not the United States would supply Tomahawk cruise missiles to Ukraine for strikes deep into its territory. Based on an algorithm-based Workhorse share price forecast at the time of writing (22 March) from Wallet Investor , it viewed the stock as an "outstanding" short term in investment and forecasted the WKHS stock may increase to $6.88 by this time next year. As market volume wanes, Workhorse stock price liquidity is tightening, making bid-ask spreads wider. Swing traders consider this a signal for cautious order placement.