Levi & Korsinsky notifies investors that it has commenced an investigation into RLX Technology Inc. (NYSE: RLX) concerning potential violations of the federal securities laws.
Citi downgraded RLX stock to Neutral from Buy on March 17, 2025, citing overseas headwinds from regulatory changes and an unfavorable product mix shift, and predicting that organic growth of RLX's overseas business will decelerate in 2025. Following this news, RLX's American Depositary Receipt ("ADR") price fell over 13% on the same day.
If you suffered a loss on your RLX Technology Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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