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0.00111490329920367 0 0.00227531285551759 0.00341296928327638 0.00341296928327638 0.00113765642775879 0.00113765642775879 0.00113765642775879
Stock impact report

Cathie Wood Is Doubling Down on Recursion Pharmaceuticals Stock. Should You Buy RXRX Here? [Yahoo! Finance]

Recursion Pharmaceuticals, Inc. - Class A (RXRX) 
Company Research Source: Yahoo! Finance
In the week ended Dec. 19, that message was clear. ARK Investment Management leaned harder into AI-led biotechnology and crypto, while paring back exposure to consumer tech and electric-vehicle heavyweights. At the center of that shift sat Recursion Pharmaceuticals (RXRX). ARK snapped up more than 2.8 million RXRX shares, worth about $13.4 million, spread across ARK Genomic Revolution ETF (ARKG) and flagship ARK Innovation ETF (ARKK). The additions lifted Recursion to the No. 27 holding in ARKK and a top-10 position in ARKG. The Utah-based biotech is betting on artificial intelligence (AI) to radically shorten drug discovery timelines, a thesis that neatly mirrors Wood's long-held view of innovation reshaping healthcare. 2 Dividend Kings Quietly Beating the Market This Year Apple Just Released a New AI Model. Should You Buy AAPL Stock Here? Broadcom (AVGO) Stock Options Are Signaling Pensiveness. Here's Why the Fear Might Be Unwarranted. Stop Missing Market Moves: Get the FR Show less Read more
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