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home / news releases / RLX - Why Alibaba JD.com and RTX Stocks Dropped Monday

RLX - Why Alibaba JD.com and RTX Stocks Dropped Monday

RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A

Shares of Chinese companies that rallied Wednesday , then slipped, then rallied again on Friday, were giving back some of their gains again on Monday morning.

Shares of Chinese e-cigarette maker RLX Technology (NYSE: RLX) , for example, were down 8% as of 10:25 a.m. EDT. Internet giant Alibaba (NYSE: BABA) had lost 8.5%. And its e-commerce rival JD.com (NASDAQ: JD) was leading the sector lower with a 10% loss.

Image source: Getty Images.

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Why Alibaba, JD.com, and RTX Stocks Dropped Monday
Stock Information
Company Name: RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Stock Symbol: RLX
Market: NYSE
Website: relxtech.com
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