RLX Technology is trading at $1.85, down 4.38%, after investors continued reacting to revenue and adjusted EPS misses in its August 14, 2026 earnings release.

  • Second-quarter revenue reached RMB 1.01 billion, below the RMB 1.15 billion consensus estimate.
  • Adjusted EPS was $0.167, versus the $0.626 forecast.
  • Management attributed sequential moderation to distributor inventory normalization and warned of margin normalization.