RXRX Stock Skyrockets Over 27%: Recursion Pharma Shares See Massive Friday Gain
NEW YORK – Shares of Recursion Pharmaceuticals Inc. (NASDAQ: RXRX) experienced an explosive rally on Friday, delivering substantial gains for investors and attracting significant market attention.
The biotechnology company’s stock finished the trading session captured in the image at 1.25, translating to a surge of +27.72% compared to its previous closing price of $4.51.
Friday’s trading session for RXRX was characterized by high volatility and significant buying pressure. The stock opened at 6.00**. Although it touched a low of $4.86 during the session, it recovered strongly to close near the upper end of its daily range. Trading volume was exceptionally high at nearly 30 million shares, indicating intense investor interest throughout the day.
Following this dramatic single-day move, traders will be closely monitoring RXRX’s price action. The intraday high of $6.00 now stands as a key short-term resistance level. A successful break above this point could suggest further upward potential. On the downside, initial support might be found near the closing price around $5.76, or potentially lower towards the mid-session consolidation levels observed around the 5.60 area. Given the magnitude of Friday’s gain, continued volatility is likely in the near term as the market digests this significant price movement.
