Harley-Davidson Inc. Stock Underperforms Thursday When Compared To Competitors
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Shares of Harley-Davidson Inc. (HOG) slipped 9.29% to $32.43 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.58% to 3,900.79 and Dow Jones Industrial Average falling 0.75% to 31,253.13. This was the stock's second consecutive day of losses. Harley-Davidson Inc. closed $17.57 below its 52-week high ($50.00), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Thursday, as Bayerische Motoren Werke AG ADR rose 2.45% to $27.59, Honda Motor Co. Ltd. ADR (7267.TO) rose 1.92% to $25.01, and Polaris Inc. (PII) fell 2.03% to $101.00. Trading volume (5.4 M) eclipsed its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 16:57 ET (20:57 GMT)
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