Repligen Shares Surge on Fed Rate Cut Hopes

Repligen Corporations shares surged by five point seven percent today, following a Federal Reserve officials comments suggesting a potential interest rate cut. The companys stock, known for its volatility, closed at one hundred sixty-two dollars and forty-eight cents, marking a five point three percent increase. Despite the positive market reaction, Repligens long-term outlook remains uncertain, with investments made five years ago now worth eight hundred seventy-one dollars and seven cents.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.