RLX Technology: Bright Spots Amid Results Miss
RLX Technology(RLX) Seeking Alpha·2024-08-21 19:43
Roman Mykhalchuk/iStock via Getty ImagesRLX Technology (NYSE:RLX) stock is still awarded a Hold investment rating. RLX's second quarter revenue and earnings came in below expectations, but there are bright spots associated with China's regulatory environment and the company's R&D (Research & Development) capabilities. I looked at RLX Technology's financial performance for the final quarter of last year in my earlier March 19, 2024 write-up. This latest update focuses on RLX's recent Q2 2024 results. RLX ...