Harley-Davidson’s electric motorcycle brand LiveWire warns it may not survive
LiveWire, a spin-off from Harley-Davidson, expressed substantial doubt regarding its ability to continue as a going concern. Following this announcement, the company withdrew its full-year financial guidance and saw its stock plunge on Thursday morning.
Key points
- LiveWire warns it may not survive financially
- Stock price dropped more than 40%
- Full-year financial guidance has been withdrawn
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