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

1.62

Mkt cap

Volume

1.4M

High

1.64

P/E Ratio

23.29

52-wk high

2.40

Low

1.62

Div yield

0.00

52-wk low

1.50

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

Several stocks are poised to capture investor attention today. RBC Bearings (RBC) is expected to report earnings of $2.36 per share on $413.51 million revenue. Applied Materials (AMAT) reported strong Q2 results and provided optimistic Q3 guidance. H World Group (HTHT) is anticipated to post earnings of 28 cents per share on $711.50 million revenue. Doximity (DOCS) exceeded Q4 expectations and provided strong Q1 revenue guidance. RLX Technology (RLX) is expected to report earnings of 2 cents per share on $74.11 million revenue.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 6:31 am

Investor optimism decreased slightly after economic reports, leading to a lower close for U.S. stocks on Thursday. The Dow Jones briefly surged above 40,000 but ended lower. Deere & Co reported strong earnings but lowered its 2024 outlook, while Walmart shares gained 7% on better-than-expected earnings. Investors are awaiting earnings results from H World Group, RLX Technology, and RBC Bearings.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 6:31 am

Citigroup analyst Lydia Ling has maintained a Buy rating on RLX Technology (NYSE:RLX) and increased the price target from $2.4 to $2.76.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 1:21 pm

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