Workhorse scrutinized as Postal Service again delays contract

Investors pummeled Workhorse Group (NASDAQ: WKHS) shares Wednesday after the U.S. Postal Service again delayed a multibillion-dollar contract for next-generation delivery vehicles.  

“The COVID-19 pandemic previously resulted in the expected production award being pushed to the end of 2020,” Postal Service spokeswoman Kim Frum said Wednesday,

“However, amid continuing COVID-19 concerns, and in order to provide for capital investment activities and required approvals, the program decision is now...

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