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home / news releases / is niu technologies ready to charge ahead again

NIU - Is Niu Technologies Ready To Charge Ahead Again?

Niu Technologies

2024-04-11 04:30:00 ET

Summary

  • Niu Technologies said its unit sales at home and abroad rose more than 30% in the first quarter, following a tough 2023 when its revenue fell 16%.
  • The electric scooter maker’s shares jumped 34% from an all-time low in the week following the announcement.
  • Niu seems to be starting to deliver on its promise to go more upmarket and is navigating a difficult market as best it can.

The electric scooter maker reported a sharp upturn in its first quarter sales volume, reversing weak growth throughout last year ...

For further details see:

Is Niu Technologies Ready To Charge Ahead Again?
Stock Information
Company Name: Niu Technologies
Stock Symbol: NIU
Market: NASDAQ
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