Are Harley-Davidson’s Weak Sales Driving Pessimism in 1Q18?
In the week that ended on March 16, 2018, Harley-Davidson (HOG) stock traded on a negative note. During the same period, key US automakers (IYK) General Motors (GM) and Ford Motor Company (F) have fallen 7.4% and 9.7%, respectively, while Fiat Chrysler Automobiles (FCAU) has risen 18.2%. Let’s find out what factors could be fueling pessimism in Harley-Davidson stock in 1Q18.