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Why Recursion Pharmaceuticals Stock Plummeted 24% This Week
RXRXRecursion(RXRX) The Motley Fool·2025-05-10 05:17

Shares of Recursion Pharmaceuticals (RXRX -1.48%) fell this week. The stock lost 24% as of market close on Friday. The move comes as the S&P 500 and Nasdaq Composite both slipped slightly.Recursion revealed disappointing first-quarter earnings on Monday and announced it would pare down its development pipeline. Recursion was also hit by a survey revealing that the biotech industry expects President Donald Trump's federal research cuts will make raising capital more challenging.By the numbersRecursion report ...