Why Harley-Davidson's Shares Popped 8.8% Today
Shares of motorcycle icon Harley-Davidson (NYSE: HOG) jumped as much as 9.5% today on better-than-expected earnings results. At 2:30 p.m. EDT, shares were still up 9.3% and gaining for the day.
Revenue fell 4.9% to $1.07 billion as motorcycle unit volume declined 1.2% to 58,522 in the third quarter. Net income fell 24% to $86.6 million, or $0.55 per share.
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Source Fool.com
