Workhorse Clarifies FAA Rumor, Says Timeline Doesn't Add Up
Workhorse Clarifies FAA Rumor, Says Timeline Doesn't Add Up
A Workhorse Group Inc (NASDAQ:WKHS) spokesperson told Benzinga that a Friday rumor circulating among traders is not confirmation of approval for its new HorseFly drone product.
What Happened: Shares of Workhorse hit an intraday high of $14.30 Friday morning after investors and traders circulated what they believed to be approval of a drone product.
The document in question was an FAA registry for an unmanned aerial vehicle.
The company's HorseFly delivery drone is just three months into an FAA approval process that "takes 15 months or so," a Workhorse spokesperson told Benzinga.
Related Link: More Postal Service Money Could Revive Workhorse Mail Truck Bid
Why It's Important: The rumor was incorrectly viewed as a positive catalyst for the shares, as it is way too early into the process for approval.
Shares of Workhorse have given up Friday morning's gains and are now trading below Thursday's closing price.
WKHS Price Action: At last check, shares of Workhorse were trading at $13.49, down 0.59% on the day.
A Workhorse Group Inc (NASDAQ:WKHS) spokesperson told Benzinga that a Friday rumor circulating among traders is not confirmation of approval for its new HorseFly drone product.
A 工作馬集團(WorkHorse Group Inc.)(納斯達克：西九龍總站)一位發言人告訴Benzinga，週五在貿易商中流傳的謠言並不能確認其新的馬蠅無人機產品獲得批准。
What Happened: Shares of Workhorse hit an intraday high of $14.30 Friday morning after investors and traders circulated what they believed to be approval of a drone product.
發生的事情：主力汽車的股價創下歷史新高盤中高點週五上午，在投資者和交易員傳閲了他們認為是批准的一款無人機產品後，該公司股價上漲了14.30美元。
The document in question was an FAA registry for an unmanned aerial vehicle.
有問題的文件是一份聯邦航空局登記處一架無人駕駛飛行器。
The company's HorseFly delivery drone is just three months into an FAA approval process that "takes 15 months or so," a Workhorse spokesperson told Benzinga.
該公司的一位主力發言人告訴Benzinga，該公司的馬蠅送貨無人機只進入了美國聯邦航空局(FAA)審批程序的三個月，這一過程“需要15個月左右的時間”。
相關鏈接：郵政服務資金增加可能重振主力郵車競標
Why It's Important: The rumor was incorrectly viewed as a positive catalyst for the shares, as it is way too early into the process for approval.
為什麼它很重要：這一傳言被錯誤地視為該股的積極催化劑，因為審批過程還為時過早。
Shares of Workhorse have given up Friday morning's gains and are now trading below Thursday's closing price.
WorkHorse的股價已經回吐了週五上午的漲幅，目前交易價格低於週四的收盤價。
WKHS Price Action: At last check, shares of Workhorse were trading at $13.49, down 0.59% on the day.
WKHS價格行動：在最新的檢查中，工作馬的股票交易價格為13.49美元，當日下跌0.59%。
譯文內容由第三人軟體翻譯。
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