Why Niu Technologies Stock Was Heading Downhill Today
Shares of Niu Technologies (NASDAQ: NIU) were sliding today after the Chinese electric scooter maker posted disappointing results in its third-quarter earnings report. The company also offered underwhelming guidance for the fourth quarter.
The stock was down 11.6% as of 12:08 p.m. EDT on Monday.
A Niu E-scooter. Image source: Niu Technologies.
Source Fool.com
