RLX: Focus On Both Q4 Results And Outlook (Rating Upgrade) [Seeking Alpha]
RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share (RLX)
Company Research
Source: Seeking Alpha
But I am uncertain about the company's prospects, taking into account risks like a potential delay in new product approvals and the competitive threat from illicit products. My rating for RLX Technology is a Hold now (versus a Sell previously), following a consideration of its Q4 performance, business outlook, and shareholder capital return expectations. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Elevator Pitch I rate RLX Technology Inc. NYSE: RLX ) shares as a Hold. My previous November 1, 2023, update was focused on the read-throughs from the Q3 2023 results of RLX Technology's contract manufacturer. For the current article, I review RLX's Q4 2023 earnings and assess the company's business prospects. I have decided to upgrade my rating for RLX from a Sell to a Hold, taking into account its good expense management (reflected in its better-than-expected Q4 earnings), and its decent potential FY 2024 buyba
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High impacting RLX Technology Inc. American Depositary Shares, each representing the right to receive one (1) Class A ordinary share news events
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RLX
News
- Election 2024: Championing Proactive Cybersecurity To Fortify National Security [Forbes]Forbes
- RLX Technology Files 2023 Annual Report on Form 20-FPR Newswire
- Unspoken Battle: The Cybersecurity Imperative For Protecting Executives [Forbes]Forbes
- The Critical Role Of Cybersecurity In Election Years [Forbes]Forbes
- RLX Technology Inc. (NYSE: RLX) was upgraded by analysts at TheStreet from a "d" rating to a "c-" rating.MarketBeat
RLX
Sec Filings
- 4/19/24 - Form 6-K
- 4/19/24 - Form 20-F
- 3/21/24 - Form 6-K
- RLX's page on the SEC website