
Harley-Davidson Moves Higher Amid Takeover Speculation
An intraday move higher in shares of Harley-Davidson (HOG) - Get Report coincided with traders circulating chatter of potential takeover interest by private equity. The chatter has KKR & Co. (KKR) - Get Report expressing interest in the motorcycle maker. The Fly, in fulfilling its mission of explaining stock movement, often comes across the many unconfirmed rumors being passed through trading desks and social media platforms. On the occasion that rumors or speculation are reported by The Fly, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved. Shares of Harley-Davidson are rallying more than 14% to $51.90 in morning trading.
Contacted by The Fly, Cara Kleiman, a spokeswoman for KKR, said the company is "not commenting on rumors or speculation.
The Fly
is a leading digital publisher of real-time financial news. Our financial market experts understand that news impacting stock prices can originate from anywhere, at any time. The Fly team scours all sources of company news, from mainstream to cutting-edge, then filters out the noise to deliver short-form stories consisting of only market moving content. Follow @theflynews on Twitter. For a free trial, click









