RLX Technology Inc. (RLX) stock went down on Friday due to global expansion and trade war concerns.

From Yahoo Finance: 2025-04-12 02:49:00

Wall Street’s main indices rebounded on Friday amid ongoing trade tensions, with the Nasdaq up 2.06%, the S&P 500 up 1.81%, and the Dow Jones up 1.56%. However, ten companies defied this optimism, posting modest losses. RLX Technology Inc. (RLX) saw its share prices drop for the third consecutive day, falling 2.30% to $1.7 per share. Despite a 56% increase in net revenues in Q4 2024, concerns over global expansion and trade wars persist. RLX ranks 10th on the list of firms struggling in the optimistic market. For a promising AI stock trading at less than 5 times earnings, check out our report.



Read more at Yahoo Finance: Why RLX Technology Inc. (RLX) Went Down On Friday?