US Stock Market Move | RLX Technology, Inc. Sponsored ADR Class A (RLX.US) rose more than 15%, reaching a market value of $3.4 billion.

On Friday, RLX Technology, Inc. Sponsored ADR Class A (RLX.US) rose by over 15%, reaching $2.68 per share with a market value of $3.4 billion. Information shows that RLX Technology, Inc. Sponsored ADR Class A is a consumer-level electronic vaporizer brand company founded in China, with its main business being the research, design, and sales of RELX e-cigarette brand vaporizers. Financial data shows that as of September 30, 2024, RLX Technology, Inc. Sponsored ADR Class A had a total revenue of 1.935 billion RMB, an 81.54% increase over the previous year; net profit attributable to shareholders was 430 million RMB, a 33.98% increase compared to the previous year.