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Stock impact report

Here's Why Rigel Pharmaceuticals Stock Jumped as Much as 10.7% Today [The Motley Fool]

Rigel Pharmaceuticals, Inc. (RIGL) 
Last rigel pharmaceuticals, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rigel.com
Company Research Source: The Motley Fool
Here's Why Rigel Pharmaceuticals Stock Jumped as Much as 10.7% Today What happened Shares of Rigel Pharmaceuticals ( NASDAQ:RIGL Yahoo! Finance But it's close enough, and somewhat eases concerns over the drug's sluggish launch. Perhaps more important, Rigel announced that its pipeline -- another concern -- is suddenly buzzing with activity. The company completed a phase trial for its lead wholly owned drug candidate and announced an entirely new branch of its pipeline that had never before been known to investors. The first drug candidate from this new focus has already started a phase clinical trial. As of :0 p.m. EDT on Wednesday, the stock had settled to a 7.7% gain. Image source: Getty Images. So what Rigel fell out of favor with investors The recent update provides some hope that Tavalisse is getting back on track. The unofficial $.7 million figure would translate to a % quarter-over-quarter increase, up from recent 0% sequential growth clips. The update also shows that Rigel P Show less Read more
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