Harley-Davidson Rides Off Wall Street And Onto Main Street

Today’s report on Harley-Davidson from the Motley Fool explains why the company’s stock price fell 18% during Tuesday’s trading. Wall Street forecasters predicted that new CEO Jochen Zeitz’s turnaround plan, dubbed “The Hardwire” would result in an adjusted profit of $0.21 per share for the company’s third-quarter results. Didn’t happen. Instead, the company posted a loss of $0.44 per share. I suggested in May of 2020 that the best course for Harley-Davidson is to leave Wall Street and return the company to private ownership. Today’s news makes it a lot…