usps contract, workhorse

The USPS Contract. The GLLV went out of production back in 1994, according to Fox Business. Many Workhorse bulls have pinned their hopes on Workhorse being awarded all or part of the U.S. Workhorse Stock Plummets as USPS Delays Decision on Contract. Channel For Options Trading And More!— 💡[Second Channel]: https://www.youtube.com/channel/UC7Ua2fx21TOvPpSxrJSVeGA— 💡[Patreon/Live … I believe that Workhorse will receive the USPS Contract. Theoretically, this makes WKHS stock a … Workhorse Awaits USPS Announcement, Secures Funding. Workhorse (NASDAQ: WKHS) Tanks as the USPS Next Generation Delivery Vehicle (NGDV) Contract Now Expected To Be Announced Toward the End of 2020 By Rohail Saleem Oct 13, 2020 10:15 EDT But if they don’t get the contract, the stock could plummet for sure. Shouldn’t this information be released via an official press release? Workhorse is in the running for a $6 billion USPS delivery fleet contract, but news on that front has WKHS stock up and down like a yo-yo. By the end of June, WKHS stock had surpassed its … The U.S. The USPS is in the process of replacing its iconic yet aging white right-hand-drive delivery trucks and Workhorse is the only contract bidder left offering an all-electric option. At worst, Workhorse will take part of the contract, if the USPS splits the reward. Postal Service will soon award a $6.3 billion contract for a new mail truck design in 2020, and some of the finalists have already leaked online.. What’s going on? Covid-19 has delayed a USPS decision regarding replacing its delivery trucks. Roth Capital analyst Craig Irwin downgraded electric truck maker Workhorse Group - Get Report to neutral from buy after a U.S. But just to give some perspective, the USPS contract is valued at $6 billion and would result in the construction of 165,000 trucks. Theoretically, this makes WKHS stock a resounding buy. The USPS has been in talks with companies like Workhorse and Ford since 2018 and has been working closely with them for testing. Workhorse stock spent the first half of 2020 plodding along around $3, then suddenly shot up starting in June. Bob Wood August 13, 2020 . That marks 90 days since the enterprises vying for the 165,000-unit contract submitted their requests and when Roth said USPS expected to announce its decision. The Next Generation Delivery Vehicle (NGDV) will replace the Grumman Long Life Vehicle for the USPS in the near future. Workhorse seems to be the right solution in this situation. Workhorse and the USPS Contract. They also will use the Lordstown plant to build the trucks so they can make the orders. Workhorse Group Is a Buy Even with the USPS Contract Delay Ian Cooper 10/23/2020. Postal Service further delayed a contract for new mail trucks. reply; Why did the USPS release privileged information to Trucks.com today regarding the delay of this NGDV contract? Another event also impacted Workhorse stock Friday. Postal Service delayed its decision yet again to award a $6.3 billion contract. Workhorse Could See All or Part of the USPS Award I also wouldn’t get too wound up over the recent downgrade from Roth Capital’s Craig Irwin. I own stock in both and feel they will win because nobody has a complete EV line and thats what you need, much cheaper to operate! Workhorse's USPS Bid: By the end of the year, the United States Postal Service is expected to announce the winner of its Next Generation Development Vehicle contract worth $6.3 billion. Dec 02, 2020 Cam. The USPS contract is a big deal for the company. Despite such a poor performance, Workhorse currently trades at a market cap of more than $2.5 billion simply due to the fact that the USPS contract is still in play. Workhorse (NASDAQ:WKHS) stock suffered a 21.5% drop after the U.S. Workhorse investors got some bad news Tuesday. Workhorse Group Inc. tumbled as much 25% Wednesday, leading the sector lower, after reports that the U.S. Shares of Workhorse Group (NASDAQ: WKHS) are down in after-hours trading Tuesday on news of a delay for the long-awaited U.S. Here is why. By. I think you will be better off with Workhorse which is entirely EV. Updated Dec. 2, 2020 12:09 pm ET / Original Dec. 2, 2020 8:15 am ET Order Reprints Print Article Text size. reply; I would like the usps to publicly announce when the expect to have a decision about the ngdv. While getting USPS deal would be a great thing for both company and stockholders, in my eyes it is not such a big thing if WKHS ends up without this contract. USPS Contract Delay Hammers Workhorse. If the postal service truly adopted a long-term commitment to mail delays, then not updating its fleet certainly fits the script. Workhorse: The Possible USPS Contract Can't Justify This Price. (Brian … October 13, 2020: Workhorse Group, an investor in Lordstown Motors, secures $200 million in financing as it awaits word on the $6 billion dollar USPS contract. Workhorse Shares Sell Off On Reported Delay Of USPS Contract Award Decision - Avoid The Stock Oct. 14, 2020 10:15 AM ET | About: Workhorse Group Inc. (WKHS) , Includes: GM , UPS Though the USPS contracting process has been delayed by the COVID-19 pandemic, an award could be announced as early as Tuesday, Oct. 13. Cette page présente le bilan comptable de Workhorse Group Inc et résume ainsi la situation financière de l'entreprise y compris les actifs, les passifs, et bien plus encore. It may tap Lordstown for manufacturing if Workhorse lands a large contract for the new mail trucks. Probably the same if they got quite a large piece of the contract. Plus: Highlights from the 13th Ohio congressional district debate, and what are the odds we have two, not one, but two stories about murals? Workhorse Shares Sell Off On Reported Delay Of USPS Contract Award Decision - Avoid The Stock (NASDAQ:WKHS) Henrik Alex Oct. 14, 2020 10:15 AM ET Palantir's Lock-Up Period (NYSE:PLTR) Baltimore's new mayor: Goal is to 'preserve' people's lives. Well it 9-18-20 and still no contract. They are a US based manufacturer. Oct. 11, 2020 8:36 AM ET | | About: Workhorse Group Inc. (WKHS) by: Bears of Wall Street . Shares of Workhorse cratered around 23% at the close of the trading session on Dec 1, as the U.S. Postal Service (“USPS… Dec 02, 2020 Adam. Irwin cut his rating from Buy to Neutral and lowered his price target from $33 to $27. Al Root. If Workhorse got the whole USPS contract, I think it could move the stock a lot. USPS Contract Delay: The big negative catalyst for Workhorse was a downgrade by Roth Capital analyst Craig Irwin. 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