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NIU - Is Niu Technologies Ready To Charge Ahead Again?
April, 11 2024 04:30 AM
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 ...
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Is Niu Technologies Ready To Charge Ahead Again?
Stock Information
Company Name:
Niu Technologies
Stock Symbol:
NIU
Market:
NASDAQ
Website:
niu.com
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