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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of RLX Technology Inc. - RLX

1. Pomerantz LLP investigates RLX for potential securities fraud claims. 2. Citi downgraded RLX stock to Neutral, citing overseas regulatory headwinds. 3. RLX's stock price fell 13.27% after the downgrade announcement. 4. Investors are advised to consider joining the class action investigation.

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FAQ

Why Very Bearish?

The downgrade from Citi indicates declining investor confidence. Similar downgrades historically correlate with sustained stock price declines.

How important is it?

The investigation into securities fraud raises significant concern for investors. Downgrades by major firms like Citi can precede further declines.

Why Short Term?

Immediate investor reactions to downgrades often lead to prompt stock price declines. Historical patterns show investor sentiment can shift quickly following adverse news.

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CPMBATL
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  RLX Technology Inc. (“RLX” or the “Company”) (NYSE: RLX).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether RLX and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On March 17, 2025, Citi downgraded RLX stock to Neutral from Buy, 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. On this news, RLX’s American Depositary Receipt (“ADR”) price fell $0.30 per ADR, or 13.27%, to close at $1.96 per ADR on March 17, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.   CONTACT:Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980 

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