NIU stock price jumps 12% after selling quarter-million electric scooters last quarter
October 9, 2020
The leading electric scooter company NIU has been on a tear lately, which has been reflected in its soaring stock price.
Today, the Beijing-based company released a positive Q3 sales numbers update.
The company’s stock, which is listed on the NASDAQ, jumped to an all-time high of $26.42, a daily increase of over 12%.
NIU announced that the company had sold 250,889 electric scooters in Q3 of…