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Is Niu Technologies (NIU) The Best Cheap EV Stock to Buy?
Niu Technologies Reports Strong Revenue Growth in 2024
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
Shares of Auto-related Companies Are Trading Higher Amid a Continued Market Rebound Despite Mixed Sales Data.
U.S. stock market movement | Nasdaq China Golden Dragon Index rose over 3%, reaching an intraday high not seen since June 2022.
On Monday, the Nasdaq China Golden Dragon Index rose over 3%, reaching an intraday high not seen since June 2022.
U.S. stocks movement | Q4 2024 revenue grew by 71.1% year-on-year, Niu Technologies (NIU.US) rose 20%.
On Monday, Niu Technologies (NIU.US) rose by 20%, reaching $3.265.