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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of RLX Technology Inc. – RLX
RLX TechnologyRLX Technology(US:RLX) GlobeNewswire News Room·2025-04-29 16:41

Group 1 - Pomerantz LLP is investigating claims on behalf of investors of RLX Technology Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] - On March 17, 2025, Citi downgraded RLX stock from Buy to Neutral due to overseas regulatory challenges and an unfavorable product mix, predicting a deceleration in organic growth for RLX's overseas business in 2025 [3] - Following the downgrade, RLX's American Depositary Receipt (ADR) price fell by $0.30, or 13.27%, closing at $1.96 per ADR on the same day [3] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [4]