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RLX Technology Stock Jumps 25%, Here’s An Opinion Why ($RLX)

Shareholders in RLX Technology Inc. (NYSE:RLX) had a terrible week, as shares crashed 49% to US$1.22 in the week since its latest full-year results. Revenues disappointed slightly, as sales of CN¥8.5b were 2.5% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of CN¥1.44 coming in 13% above what was anticipated. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Read more about RLX HERE

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