Harman Drives Into Foreign Currency Headwinds

By | April 30, 2015

Scalper1 News

Auto infotainment system maker Harman International Industries (HAR) hit a roadblock early Thursday when it delivered March-quarter sales and earnings below estimates. Harman stock plunged as much as 15% Thursday, to a three-month low, after the company posted its fiscal third-quarter results. Shares recovered somewhat and were down 5%, near 133, in midday trading on the stock market today. Harman stock broke out of a cup base with a 145.10 buy Scalper1 News

Scalper1 News