Why RLX Technology Stock Was Falling Today
Shares of RLX Technology (NYSE: RLX) were sliding today after the Chinese e-cigarette company posted disappointing results in its third-quarter earnings report and as investors reacted to news that Didi Global would delist itself from the New York Stock Exchange following a blockbuster initial public offering (IPO) earlier this year. That news rattled investors and sent shares of Chinese stocks down broadly.
As of 11:57 a.m. ET, RLX Technology stock was down 16.3%.
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Source Fool.com
