昨日大幅回撤近14%的小牛电动(NIU.US)盘前续跌5.5%，该股此前曾连续大幅上涨创阶段新高。有文章分析称小牛电动疲弱的基本面似乎难以支撑其股价持续狂飙。2022年，小牛电动的产品销量及收入分别下降20%及14.5%，2023年则延续2022年的下降趋势。并且在这两年期间，小牛电动均产生了亏损。从2024年以来的业绩表现看，小牛电动仍深陷亏损旋涡的原因，不仅仅是锂电价格变动。

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