U.S. Markets close in 5 hrs 12 mins
  • S&P 500

    4,571.67
    -3.12 (-0.07%)
     
  • Dow 30

    35,665.20
    -91.68 (-0.26%)
     
  • Nasdaq

    15,275.49
    +39.77 (+0.26%)
     
  • Russell 2000

    2,278.01
    -18.07 (-0.79%)
     
  • Gold

    1,790.30
    -3.10 (-0.17%)
     
  • EUR/USD

    1.1613
    +0.0011 (+0.0929%)
     
  • 10-Yr Bond

    1.5760
    -0.0430 (-2.66%)
     
  • Vix

    16.06
    +0.08 (+0.50%)
     
  • GBP/USD

    1.3725
    -0.0039 (-0.2800%)
     
  • USD/JPY

    113.6640
    -0.4650 (-0.4074%)
     
  • BTC-USD

    59,262.23
    -2,717.77 (-4.38%)
     
  • CMC Crypto 200

    1,424.82
    -49.51 (-3.36%)
     
  • FTSE 100

    7,257.60
    -20.02 (-0.28%)
     
  • Nikkei 225

    29,098.24
    -7.76 (-0.03%)
     

After 22% Surge, Does Harley-Davidson Deserve to Be Riding So High?

·4 min read
After 22% Surge, Does Harley-Davidson Deserve to Be Riding So High?
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Harley-Davidson (NYSE: HOG) surged 22% after its third-quarter earnings report beat analyst expectations, and though it has given back some of the gains in the days afterwards, the motorcycle maker's stock has largely wiped out all the losses incurred during the pandemic. The earnings report certainly seems to validate the turnaround plan of CEO Jochen Zeitz, who believes Harley-Davidson can be a dynamic, profitable company, albeit a smaller one than it has been. For example, Harley recently announced sales in India, a country it previously said it would be exiting, would be made through Hero MotoCorp.