We recently published a list of 10 companies suffer in the optimistic market environment. In this article, we will look at the place where RLX Technology Inc. (NYSE: RLX) against other companies that suffer in the optimistic market environment.
The main indicators of Wall Street regained the losses on Friday, as investors reserved the portfolio while digesting continuous trade tensions between the two largest economies in the world.
After hitting this week, the Nasdaq Stock Exchange today ended 2.06 percent; S&P rose 500 1.81 percent; Dow Jones grew 1.56 percent.
Ten companies, on the other hand, challenged the optimism of the broader market, and recorded modest losses during the day. In this article, we included the worst Friday performance and detailed the reasons behind their decline.
To reach the list, we considered only $ 2 billion market value shares and a trading volume of $ 5 million.
A factory environment worker collects E-Papor product.
The RLX technology decreased for its prices for the third day in a row on Friday, as it got 2.30 percent to end at $ 1.7 each, as investors resorted to achieving profits while re -placing the portfolio to alleviate the risk of uncertainty in the ongoing market.
RLX, an electronic cigarette maker, is running with his global expansion. Late last year, the company said it will continue to focus on global expansion and strategic innovation to enhance the value of shareholders. However, with the escalating trade war worldwide, fears were raised about whether the company's expansion program remains on the right path.
In the fourth quarter of 2024, RLX witnessed 56 percent net revenues to 813.5 million yuan from 520.5 million yuan in the same period in the previous year. However, net income decreased by 41 percent to 127.4 million yuan from 21 million yuan on an annual basis.
The revenues of the entire 2024 year jumped by 73 percent to 2.75 billion yuan from 1.59 billion yuan on an annual basis, while the net income increased by 4 percent to 564.3 million yuan from 541 million yuan.
Generally, rlx The tenth rank In the list of companies that suffer from the optimistic market environment. While we acknowledge the RLX capabilities as an investment, our condemnation lies in the belief that artificial intelligence shares have a greater promise to provide higher returns and do so in a shorter time frame. Amnesty International has increased since the beginning of 2025, while famous artificial intelligence shares have lost about 25 %. If you are looking for the most promising Amnesty International share than RLX but is trading less than 5 times its profits, check our report on this The cheapest inventory of artificial intelligence.
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