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Thu Jun 18, 2020, 07:43 AM

Harley-Davidson Is No Longer In The Big Leagues

Harley-Davidson Is No Longer In The Big Leagues

Erik Shilling
Tuesday 8:50PM • Filed to: HARLEY-DAVIDSON

The S&P 500 is usually considered the best measure of how the American economy is doing. The index includes companies like Chevron, Microsoft, and JPMorgan Chase, companies worth billions that are intended to be representative of the American economy. The S&P 500 also includes Harley-Davidson, though not for much longer.

On Friday, S&P Dow Jones Indices announced that it was booting Harley and two others from the list, effective June 22. It was doing so, it said, “ensure each index more appropriately represents its market capitalization range,” which is a nice way of saying that Harley simply isn’t a big enough player anymore to be placed alongside America’s biggest corporations.

Harley will now be listed in the S&P Midcap 400, alongside companies like Dick’s Sporting Goods, Papa John’s, and Gamestop. Harley’s current value is a little under $4 billion, and one requirement to get into the S&P 500 in the first place is to be worth more than double that.

This is all mostly a shot at Harley’s pride, as being among the S&P 500 doesn’t confer companies with any special privileges, it’s more just that a committee of people thinks your company is big enough to be there, which Harley, these days, simply isn’t.

{snip}

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Reply Harley-Davidson Is No Longer In The Big Leagues (Original post)
mahatmakanejeeves Jun 18 OP
Fullduplexxx Jun 18 #1
Hoyt Jun 18 #2
MichMan Jun 18 #3
FoxNewsSucks Jun 18 #4
MichMan Jun 18 #5

Response to mahatmakanejeeves (Original post)

Thu Jun 18, 2020, 07:49 AM

1. Good take your open headers and go to hell

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Response to Fullduplexxx (Reply #1)

Thu Jun 18, 2020, 08:01 AM

2. LOL. Feel the same way.

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Response to Fullduplexxx (Reply #1)

Thu Jun 18, 2020, 08:22 AM

3. All the motorcycles they sell have functioning legal exhaust

It is the stupid owners who modify them later

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Response to Fullduplexxx (Reply #1)

Thu Jun 18, 2020, 02:18 PM

4. Excessively loud exhaust is illegal.

Obviously the cops are doing other things.

With that said, however, I completely understand why bikers do that. People in cars aren't paying attention. I stopped riding years ago, because I was sick and tired of inattentive assholes seemingly trying to kill me. Now that everyone has a smartphone and is busy updating their facespace twits, it's even worse.

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Response to FoxNewsSucks (Reply #4)

Thu Jun 18, 2020, 09:54 PM

5. They say "Loud Pipes Save Lives"

I asked a biker once if he was that concerned about safety, why was he riding with no helmet, shorts and a tank top?

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