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Why NIO, Nikola, and Workhorse Group Stocks Are Down Today

Why NIO, Nikola, and Workhorse Group Stocks Are Down Today

Shares of several electric-vehicle companies were down on Monday afternoon, amid a broad-market sell-off on dimming hopes for a financial-aid deal and a surge in coronavirus cases in the United States and Europe. Nikola (NASDAQ: NKLA) was down 6.3%. Workhorse Group (NASDAQ: WKHS) was down about 8.1%.