Pfizer trades up with Rigel’s Veppanu deal done
Pfizer Inc. shares ticked up Tuesday after Rigel Pharmaceuticals announced it has finalized a licensing deal for Veppanu, the breast-cancer treatment Arvinas and Pfizer developed together. The move offered a small bit of news in cancer drugs for investors. Broader U.S. indexes finished the session mixed. Dow sets a record, Pfizer edges higher as tech lags Pfizer finished at $26.04, up 0.15%. The S&P 500 slipped 0.57% and the Nasdaq lost 1.15%. The Dow gained 0.64% for a record close, lifted as money rotated out of tech stocks into other sectors.