{"id":122222,"date":"2021-04-22T17:56:54","date_gmt":"2021-04-22T17:56:54","guid":{"rendered":"https:\/\/precoinnews.com\/?p=122222"},"modified":"2021-04-22T17:56:54","modified_gmt":"2021-04-22T17:56:54","slug":"stock-alert-rlx-technology-up-10","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/stock-alert-rlx-technology-up-10\/","title":{"rendered":"Stock Alert: RLX Technology Up 10%"},"content":{"rendered":"
Shares of Chinese e-vapor company RLX Technology Inc. (RLX) are up more than 10 percent during trading on Thursday despite there being no company announcement or specific news to influence the stock movement.<\/p>\n
Late last month, the company reported fourth-quarter earnings of $0.05 or RMB 0.292 per share, compared to a loss of RMB 0.029 per share in the year-ago quarter. Analysts had expected the company to report earnings of $0.04 per share for the period.<\/p>\n
Revenues came in at $248 million or RMB 1.62 billion during the quarter.<\/p>\n
The stock was trading at $10.85, up $0.97 or 9.77%, on the NYSE.<\/p>\n
The company stock has traded between $7.89 and $35 since its IPO in January. <\/p>\n