Before The Bell
FONT-SIZE Plus   Neg
Share SHARE

Rigel Pharmaceuticals Inc. (RIGL) Plunged To A New Low On Fostamatinib News

Rigel Pharmaceuticals Inc. (RIGL: Quote) and partner AstraZeneca (AZN: Quote) reported clinical trial results for their oral treatment for rheumatoid arthritis, fostamatinib, which failed to meet one of the main objectives.

Rigel Pharmaceuticals gapped open sharply lower Thursday and fell further around mid-morning. Shares finished down by 2.92 at $5.51 on the highest volume of the year. The stock plummeted to a new low for the year.

Click here to receive FREE breaking news email alerts for RIGEL PHARMACEUTICALS and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus