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Trump's tweet on US penny stock Workhorse throws spotlight on little-known ST Engineering unit

PC Lee
PC Lee5/9/2019 05:16 PM GMT+08  • 2 min read
Trump's tweet on US penny stock Workhorse throws spotlight on little-known ST Engineering unit
SINGAPORE (May 9): Is President Donald Trump at it again? Talking up stocks with rumours to make a wee bit of money? A day right after a big New York Times exposé on his stock investing MO?
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SINGAPORE (May 9): Is President Donald Trump at it again? Talking up stocks with rumours to make a wee bit of money? A day right after a big New York Times exposé on his stock investing MO?

According to CNBC, a tweet by Trump on Wednesday sent shares of US penny stock Workhorse soaring.

In the tweet, Trump said General Motors CEO Mary Barra had informed him that GM would sell its shuttered Lordstown manufacturing plant to Workhorse to build electric trucks.

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