Why RLX Technology Stock Was Plunging Today
Shares of RLX Technology (NYSE: RLX) were falling sharply today after the Chinese vaping company posted fourth-quarter earnings results this morning. Ongoing tensions around vaping regulations in China and broader fears about Chinese stocks seemed to be the primary reasons for the sell-off today.
As of 1:25 p.m. ET, the stock was down 36.8%.
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Source Fool.com
