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HOG - Why Harley-Davidson Stock Shot Higher Again Today
Harley-Davidson Inc.
Shares of Harley-Davidson(NYSE: HOG) were riding their second straight day of double-digit gains on Wednesday after reporting earnings that beat analyst expectations.
The motorcycle maker's stock was up over 11% in afternoon trading as investors hoped that plans for a narrower focus in its growth ambitions would actually pay off.
The Bronx streetfighter is one of the new class of motorcycles Harley-Davidson is looking to turn its business around. Image source: Harley-Davidson.