Here's Why Harley-Davidson Stock Plunged Today

·2 min read
Here's Why Harley-Davidson Stock Plunged Today

Iconic motorcycle maker Harley-Davidson (NYSE: HOG) surprised investors with an announcement this morning that is punishing its stock. Harley put out an astonishing statement this morning announcing that it is suspending all vehicle assembly and shipments for the next two weeks, with the exception of its new fully electric bike. The company said that late Tuesday it received information from a third-party supplier "concerning a regulatory compliance matter relating to the supplier's component part."

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