🟢 Niu Technologies is trading 6.24% up in pre-market

Niu Technologies is trading $2.12, up 6.24% after a sharp selloff over the previous sessions.

• Q2 revenue increased 14.7%, while gross margin fell to 16.0% and net loss reached RMB 102.2 million
• Management guided for 10%-20% Q3 revenue growth
• No new August 12 company-specific announcement clearly explains the pre-market rebound; trading activity details are unavailable.