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RLX - Why RLX Technology Stock Is Skyrocketing Today
RLX Technology Inc. American Depositary Shares each representing the right to receive one (1) Class A
Shares of RLX Technology (NYSE: RLX) are soaring in today's trading. The China-based e-cigarette company's stock was up roughly 27.9% as of 1:30 p.m. ET Tuesday.
After a day of brutal sell-offs yesterday, RLX is benefiting from some rebound momentum. Chinese stocks got hit with their worst daily pullback since 2008 on Monday, but some companies in the category are bouncing back in today's trading.