Streetbeat News

RLX

RLX Technology Inc.

https://www.relxtech.com

Industry

Tobacco

RLX Technology Inc., together with its subsidiaries, researchers, develops, manufactures, distributes, and sells e-vapor products in the People's Republic of China. It serves RELX branded partner stores and other retail outlets through distributors. RLX Technology Inc. was founded in 2018 and is based in Beijing, China.

Open

1.75

Mkt cap

2.2B

Volume

5.6M

High

1.78

P/E Ratio

25.14

52-wk high

2.40

Low

1.72

Div yield

0.00

52-wk low

1.50

RLX Technology Inc. held its Q3 2024 earnings conference call, discussing financial results and company performance.

Portfolio Pulse from

November 15, 2024 | 5:15 pm

RLX Technology Inc. reported its unaudited financial results for Q3 2024, showing a significant increase in net revenues to RMB756.3 million (US$107.8 million) compared to RMB498.9 million in Q3 2023.

Portfolio Pulse from

November 15, 2024 | 9:45 am

RLX Technology Inc. will release its Q3 2024 financial results on November 15, 2024, before the U.S. markets open. An earnings call is scheduled for the same day at 7:00 a.m. ET.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

On Monday, several US-listed stocks saw significant gains despite a general market downturn. Pfizer's shares rose 4% after Starboard Value acquired a $1 billion stake. Scholar Rock Holding Corp's shares surged 291% following positive clinical trial results. Duckhorn Portfolio's shares climbed 101.3% after reporting strong financial results and announcing an acquisition by Butterfly Equity. Arcadium Lithium gained 40.1% after a potential acquisition approach by Rio Tinto. Vista Outdoor's shares increased 9.8% following a definitive agreement to sell Revelyst.

Portfolio Pulse from Avi Kapoor

October 07, 2024 | 2:08 pm

Several consumer staples stocks experienced significant movements in Wednesday's pre-market session. Notable gainers include China Jo-Jo Drugstores, RLX Technology, and Dada Nexus, while Lamb Weston Holdings and Beyond Meat were among the losers.

Portfolio Pulse from Benzinga Insights

October 02, 2024 | 12:05 pm

US-listed Chinese stocks are experiencing a rise in share prices due to recent stimulus measures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:59 am

Prime Medicine's stock surged 39.6% after announcing a collaboration with Bristol Myers Squibb. Other notable gainers include Uxin Limited, UP Fintech, Capricor Therapeutics, and several US-listed Chinese companies like NIO and Li Auto, driven by positive sentiment from Chinese economic data.

Portfolio Pulse from Avi Kapoor

September 30, 2024 | 2:58 pm

Several major stocks are moving lower in Friday's pre-market session. Applied Materials (AMAT) shares fell despite beating Q3 earnings estimates due to lower-than-expected Q4 revenue guidance. Sonida Senior Living (SNDA) shares dipped significantly after pricing its public offering. Other notable declines include Lumen Technologies (LUMN), Baytex Energy (BTE), U-BX Technology (UBXG), Pacific Biosciences (PACB), Amcor (AMCR), and RLX Technology (RLX).

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 12:30 pm

RLX Technology reported Q2 adjusted EPADS of $0.02, which met the estimate, but sales of $86.30M missed the $87.91M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 9:33 am

RLX Technology (NYSE:RLX) reported Q1 earnings per share of $0.02, beating the analyst consensus estimate of $0.02 by 10%. The company also reported quarterly sales of $76.40 million, surpassing the estimate of $74.11 million by 3.09%. This represents a significant 177.78% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 9:34 am

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