We recently published a list of 10 companies suffer in an optimistic market environment. In this article, we will examine where RLX Technology Inc. (NYSE: RLX) stands against other companies that suffer in an optimistic market environment.
Friday, the main Wall Street indices recovered losses, while investors repositioned portfolios while digesting the current trade tensions between the two largest world economies.
After a battery this week, the Nasdaq ended the day by 2.06%; The S&P 500 increased by 1.81%; And the Dow Jones increased by 1.56%.
Ten companies, however, have challenged wider market optimism, recording modest losses during the day. In this article, we have listed the worst interpreters on Friday and detailed the reasons for their declines.
To find the list, we only considered the shares with a market capitalization of $ 2 billion and a negotiation volume of $ 5 million.
A worker in a factory environment assembling an electronic online product.
On Friday, RLX Technology has dropped equity prices for a third consecutive day, which lost 2.30% to finish at $ 1.7 each while investors used profits while repositioning portfolios to mitigate the risks of uncertainties in the current market.
RLX, an electronic cigarette manufacturer, is underway with its global expansion. At the end of last year, the company said it would continue to focus on strategic global expansion and innovation to improve shareholders’ value. However, with the climbing of the trade war worldwide, concerns have been raised to find out if the company’s expansion program remains on the right track.
In the fourth quarter of 2024, RLX experienced net income of 56% to 813.5 million RMB against 520.5 million RMB during the same period a year earlier. However, net profit dropped by 41% to 127.4 million RMB against 216 million RMB in annual shift.
Revenues for the period of 2024 annual jumped 73% to reach 2.75 billion RMB against 1.59 billion RMB in annual sliding, while net profit increased by 4% to 564.3 million RMB against 541 million RMB.
Overall, RLX rank On our list of companies suffering in an optimistic market environment. While we recognize RLX’s potential as an investment, our conviction lies in the conviction that AI actions are more promising to provide higher yields and do it within a shorter period. There is a stock of AI that has increased since the beginning of 2025, while the popular AI shares have lost around 25%. If you are looking for a more promising stock of AI than RLX but which is negotiated within 5 times its income, consult our report on this subject Stock ai the cheapest.