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Stock impact report

Can Recursion Pharmaceuticals Stock Double in 5 Years? Here's What It Would Take. [Yahoo! Finance]

Recursion Pharmaceuticals, Inc. - Class A (RXRX) 
Company Research Source: Yahoo! Finance
While many have been skeptical about TechBio in the past, the reception is changing rapidly. There's a good reason for this shift: The tech part of TechBio focuses on machine learning and artificial intelligence (AI) . Nearly every industry is undergoing an AI-fueled transformation. Biopharmaceutical development is no exception. That's great news for Recursion. Its shares have plunged more than 70% since the company's initial public offering (IPO) in 2021. But the potential for its technology and pipeline have arguably never looked as promising. Can Recursion Pharmaceuticals stock double in five years? Here's what it would take. Recursion's path to doubling Recursion Pharmaceuticals' market cap currently stands at just over $2 billion. The math is simple: To double, the company will need its market cap to increase to more than $4 billion. The best way to make this happen is for Recursion to achieve success with its pipeline programs. Recursion has five candidates in phase 2 Show less Read more
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