Why Harley-Davidson's Stock Price Plunged Despite Q1 Earnings Beat

Key TakeawaysInternational sales of Harley-Davidson motorcycles slumped, sending shares plunging.The company's new touring models didn't arrive at international dealerships until the end of the quarter.Despite the international sales decline, Harley-Davidson posted better-than-expected earnings and revenue in the first quarter. Shares of Harley-Davidson (HOG) plunged on Thursday after the motorcycle manufacturer announced a big drop in international demand during the first quarter. The company's stock was ...