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Why Shares of Niu Technologies Are Crashing Today


Niu Technologies (NASDAQ: NIU) reported third-quarter earnings today, and it failed to charge up the market's excitement. To the chagrin of investors, the electric scooter manufacturer failed to meet analysts' top- and bottom-line expectations.

As of 12:51 p.m. ET on Monday, shares of Niu were down 16%.

Image source: Getty Images

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Source Fool.com

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