Electric scooter company NIU’s Q4 earnings report shows continued growth, but stock drops on missed earnings goal
March 8, 2022
Leading smart electric scooter company NIU has seen a rollercoaster ride of stock prices over the last year, not unlike many other electric vehicle companies. However, NIU’s overall downward trend in stock price over the last year wasn’t abated by its recent 2021 Q4 earnings report.
The earnings report showed several positive figures, such as increasing year-over-year sales volume by 58.3%.