I'm too much of an amateur to know how the market should respond to specific earnings results, but this just seemed dismal with the entire tone of the release being "this was bad." But, as of 9:10 a.m., I'm surprised to see losses being pared in pre-market.
I've traded RLX numerous times and always made money. However, I currently have my largest position ever that I bought over the last week or so...so it would be just my luck if this the quarter it dumps $RLX Technology(RLX)$
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