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 工作马集团(WorkHorse Group Inc.)(纳斯达克：西九龙总站)一位发言人告诉Benzinga，周五在贸易商中流传的谣言并不能确认其新的马蝇无人机产品获得批准。
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.
发生的事情：主力汽车的股价创下历史新高盘中高点周五上午，在投资者和交易员传阅了他们认为是批准的一款无人机产品后，该公司股价上涨了14.30美元。
The document in question was an FAA registry for an unmanned aerial vehicle.
有问题的文件是一份联邦航空局登记处一架无人驾驶飞行器。
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.
该公司的一位主力发言人告诉Benzinga，该公司的马蝇送货无人机只进入了美国联邦航空局(FAA)审批程序的三个月，这一过程“需要15个月左右的时间”。
相关链接：邮政服务资金增加可能重振主力邮车竞标
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.
为什么它很重要：这一传言被错误地视为该股的积极催化剂，因为审批过程还为时过早。
Shares of Workhorse have given up Friday morning's gains and are now trading below Thursday's closing price.
WorkHorse的股价已经回吐了周五上午的涨幅，目前交易价格低于周四的收盘价。
WKHS Price Action: At last check, shares of Workhorse were trading at $13.49, down 0.59% on the day.
WKHS价格行动：在最新的检查中，工作马的股票交易价格为13.49美元，当日下跌0.59%。
译文内容由第三方软件翻译。
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