Apr. 2 at 6:22 PM
$WKHS Fun facts...
R. Dauch's first 75 trading days as CEO (start 2 Aug 21):
WKHS dropped ~36% while S&P rose by ~7%. Brent Crude* daily spot average went from low
$70's/bbl when he started, peaked at Mid
$80's in late Oct but dropped back to mid-
$70's in early Nov
Same length period for S. Griffith (start 15 Dec 21):
WKHS drops ~57% while S&P is down ~4%, with Brent booming from ~
$60/bbl to
$108-9.
*Booming crude (and subsequently matching fuel price climb) is theoretically a big upward boost to Transport Electrification prospects.
Overall, accounting for weak overall equity markets, WKHS's historically high beta, and oil price shocks: Griffith's brief legacy so far isn't looking up for shareholders yet --- especially 1 day following his 1st (admittedly very competent) conference call.
FWIW, related Transport Electrification pure-play XOS is only off ~19% during the same 15 Dec-to-present period.
Must be short manipulation, right?
