Harley-Davidson Crashes After Cutting Sales Guidance

Harley-Davidson Crashes After Cutting Sales Guidance

It's all over but the crying.

Earlier this week, Harley-Davidson (NYSE: HOG) stock lost 6% of its market capitalization after reporting disappointing earnings news for its fiscal second quarter 2017. Harley followed up that loss by losing another half-percentage point or so on Wednesday, and it's down again in early Thursday trading.

But how bad was the news, really, and was it bad enough to justify all the continued selling of Harley stock? Or are investors maybe, just maybe, overreacting a bit here? Let's find out.

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Source: Fool.com