Shares of truck maker Workhorse rally after Trump tweet on Ohio plant
Shares of Workhorse Group WKHS, +50.10% surged 32% as President Trump, in a tweet, said that General Motors GM, +0.05% is selling its Lordstown, Ohio, plant to the Cincinnati electric vehicle company, subject to UAW approval. Trump in another tweet added that GM will spend $700 million in 3 separate Ohio locations, creating 450 jobs. Neither company immediately confirmed the deal.
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