Electric Scooter Company Niu Tech Stock Falls After Q1 Print, Read The Details

Niu Technologies reported 21% revenue growth in Q1 2024, with an increase in sales volume but decrease in revenues per e-scooter. Earnings per ADS were $(0.10) and the company expects further revenue growth in Q2 and 2024. Investors can access the stock through Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard Total International Stock ETF (VXUS). NIU stock has declined 46% in the last year.