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Why Are RLX Technology Shares Trading Lower Today

Why Are RLX Technology Shares Trading Lower Today

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RLX Technology Inc (NYSE: RLX) reported fourth-quarter FY21 sales growth of 17.7% year-on-year, to $298.8 million (RMB1.9 billion), missing the consensus of $367.8 million. The company attributed the revenue growth to higher sales to offline distributors, reflecting the distribution.

...read full article on Benzinga

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