A Downshift for Harley-Davidson

The motorcycle maker cuts estimates for sales and earnings, citing "difficult" times for consumers

With gas prices high and the housing market hitting the skids, motorcycle enthusiasts are not shelling out as much on their rides. Harley-Davidson (HOG) announced on Sept. 7 that shipments in the current quarter will be lower than it had anticipated, which will cut into sales for the year. The news sent HOG shares spiraling down to a fresh 52-week low.

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