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Harley-Davidson Is Making A Comeback! Posts Beat-and-Raise Quarter | HOG Stock
Harley-Davidson (HOG) is making some noise today after the motorcycle maker posted an impressive beat-and-raise Q4 report that was fueled by a robust recovery in its critical North American market. Another event to look forward to is Harley-Davidson's spin-off of its LiveWire electric vehicle, that’s right, a Harley-Davidson EV motorcycle, that spin-off will happen later in 1H22. The transaction will net nearly $550 mln in proceeds and it will allow Harley-Davidson to still participate in the red-hot EV market since it's retaining a 72% stake in LiveWire. Overall, Harley-Davidson's future hasn't looked this bright for many years, explaining why the stock is roaring.
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