Why Harley-Davidson Stock Roared Monday

Howard Smith, The Motley Fool
·2-min read
Why Harley-Davidson Stock Roared Monday

Shares of iconic motorcycle brand Harley-Davidson (NYSE: HOG) jumped Monday morning after the company reported its first-quarter 2021 results. As of 10:25 a.m. EDT, Harley shares were 11.4% higher than Friday's closing price. The company also separately announced it will "vigorously defend" its stance related to European Union (EU) tariffs, which are set to impose a 56% import tariff for all Harley products within the EU, beginning in June.