Harley-Davidson Experiences Steep Drop in U.S. Sales; Stock Price Drops Dramatically in Morning Trading

Several financial news reports reflect a dramatic Harley share price drop this morning following announcements of declining sales. According to this report from CNNMoney, Harley-Davidson (HOG) shares were down more than 10% in morning trading today after the company announced an expected decline in sales for the year of 6-8%, and a 9% drop in U.S. sales last quarter. The sales decline is expected to result in some reduction in Harley’s work force, as well.

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