HOG - Why Harley-Davidson Shares Were Revved Up This Week
Shares of Harley-Davidson (NYSE: HOG) roared to life this week after the motorcycle maker reported a surprise fourth-quarter profit that saw motorcycle revenue surge 54% as U.S. demand for big bikes returned.
Harley's stock jumped 16.7% on the results, according to data by S&P Global Market Intelligence , accelerating a turnaround for the shares that began last month.
Image source: Harley-Davidson.
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Why Harley-Davidson Shares Were Revved Up This Week