Harley-Davidson Shares Decline 3% Since Q3 Earnings Beat
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Harley-Davidson's shares have declined by 3% following their Q3 earnings report, which exceeded expectations. However, the company has reduced its 2024 revenue guidance for the HDMC segment.
November 08, 2024 | 4:45 pm
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Harley-Davidson's shares have dropped 3% after the company reported better-than-expected Q3 earnings but lowered its 2024 revenue guidance for the HDMC segment.
Despite the positive Q3 earnings, the reduction in 2024 revenue guidance for the HDMC segment has likely led to investor concerns about future growth, causing a 3% decline in stock price.
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