🔴 Recursion Pharmaceuticals Inc is trading 5.3% down today as rate worries hit growth and AI shares

Recursion Pharmaceuticals Inc is trading 5.3% down today at $3.15 as a broad risk-off move pressures growth and technology shares.

• The decline gives back a portion of last week's significant gains following a post-earnings rebound.
• The move occurs on no fresh company-specific news, appearing tied to a wider slide in AI-related stocks and speculative names.
• Renewed higher-for-longer interest rate concerns are weighing on major U.S. indices and high-growth sectors.