Pomerantz Law Firm Launches Investigation Into RLX Technology Inc. for Investor Protection
In a significant development for investors of RLX Technology Inc. (NYSE: RLX), Pomerantz LLP has announced its investigation into potential claims involving the company. This inquiry aims to uncover whether RLX and its directors or officers have engaged in unlawful business practices or securities fraud. Such scrutiny has become essential following the recent downgrade of RLX stock by Citi, which shifted its rating to 'Neutral' from 'Buy.' The downgrade, dated March 17, 2025, cited concerns over overseas operational challenges stemming from new regulatory changes and an unfavorable shift in product mix. These factors have contributed to predictions of decelerating organic growth for RLX's international segments in the coming year.