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NYSE:PII 14 October 2025

Polaris Shocks Market: Sells Indian Motorcycle to Private Equity; Stock Surges Over 10%

Polaris Shocks Market: Sells Indian Motorcycle to Private Equity; Stock Surges Over 10%

Polaris Inc. will spin off Indian Motorcycle as a standalone company and sell a majority stake to Carolwood LP, with the deal expected to close in Q1 2026. Indian generated $478 million in revenue over the past year. Mike Kennedy will serve as CEO; about 900 employees and key factories will transfer. Polaris shares jumped 8.9% to $61.30 on the news, trading around $68 after hours.
14 October 2025
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Stock Market Today

  • Asian Stocks Set to Dip Ahead of Federal Reserve Decision; Oil Prices Hold Steady
    June 16, 2026, 7:44 PM EDT. Asian stocks are poised to end a three-day rally, following Wall Street's decline amid investor rotation out of technology shares ahead of the Federal Reserve's first policy meeting under Chairman Kevin Warsh. The move reflects cautious positioning as markets await potential shifts in U.S. monetary policy. Meanwhile, oil prices remained steady, providing stability amid the equity market fluctuations. This shift underscores investor sensitivity to central bank signals and sector rotations in volatile trading environments.

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