RLX Technology (RLX) Climbs 10% on Q3 Blowout

We recently published Lackluster Market? Not for These 10 Soaring Stocks. RLX Technology Inc. (NYSE:RLX) is one of the best-performing stocks on Friday.

RLX Technology jumped by 10.30 percent on Friday to close at $2.57 apiece as investors cheered the results of its earnings performance in the third quarter of the year.

In an updated report, RLX Technology Inc. (NYSE:RLX) said attributable net income jumped by 22.6 percent to 203.16 million yuan from 165.65 million yuan in the same period last year.

Revenues increased by 49 percent to 1.13 billion yuan from 756 million yuan year-on-year, primarily driven by its equity investments in the European markets, strong organic growth of its international business, and the gradual recovery of its business in China.

Net revenues from the international business alone represented 71.6 percent of the total revenues for the period.

Following the results, RLX Technology Inc. (NYSE:RLX) announced that shareholders and ADS holders as of January 26, 2026 record are set to receive $0.1 worth of cash dividend for every unit they hold.

Payment date is scheduled on February 2, 2026 for shareholders, and February 9, 2026 for ADS holders.

Additionally, RLX Technology Inc. (NYSE:RLX) announced the successful buyback of $330 million worth of its shares as of September 30, 2025. The total amount forms part of the company’s $500 million share repurchase program to deliver greater shareholder value.

While we acknowledge the potential of RLX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.