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Harley-Davidson Stock Rose after Announcing Partnership in China

Jitendra Parashar
Harley-Davidson Stock Rose after Announcing Partnership in China

In the third week of June, Harley-Davidson (HOG) posted 5.8% gains as compared to a 2.2% rise in the S&P 500 Index. Last week, the company announced its partnership with China’s Qianjiang Motorcycle Company Limited. Under the new partnership, both the companies aim to collaborate to launch a premium 338cc motorcycle targeted at Chinese and other Asian markets.