Today: 1 July 2026
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NASDAQ:RIGL 5 November 2025 - 17 June 2026

Pfizer trades up with Rigel’s Veppanu deal done

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.
Rigel Pharmaceuticals (RIGL) Stock Skyrockets on Earnings Beat – Latest Drug Updates & Analyst Outlook

Rigel Pharmaceuticals (RIGL) Stock Skyrockets on Earnings Beat – Latest Drug Updates & Analyst Outlook

Rigel’s stock has been on a tear in 2025, reflecting its improving fundamentals. As of November 5, 2025, RIGL trades around $38/share, up over 30% in a single day after its blowout Q3 earnings reportstockanalysis.com. The post-earnings volatility has been extreme – initially, shares fell ~7–8% in after-hours trading on Nov. 4 despite the strong results, possibly due to profit-taking or tempered forward outlook, dipping to about $30.32investing.com. However, sentiment swiftly reversed: by the next trading session, buyers piled in, and Rigel stock skyrocketed to new multi-month highs. The stock is now only a few points shy of its 52-week peak of $43.72investing.com. Even before this week’s jump, Rigel had been a big winner in 2025. Year-to-date the stock had already gained roughly 82% through early Novembernasdaq.com, massively outperforming the S&P 500nasdaq.com. Rigel was recently highlighted by CNBC as one of the top-performing Bay Area biotech stocks, with shares up ~50% over the past three months alonestocktradersmarket.com. The rally has been fueled by the company’s rapid revenue growth and newfound profitability. “We have a business that’s growing substantially,” CEO Raul Rodriguez noted in a recent CNBC interviewstocktradersmarket.com. He pointed out that Rigel’s revenues grew ~30% annually on average over the

Stock Market Today

  • Stock Futures Slip as Higher Rates Seen Ahead
    July 1, 2026, 4:58 AM EDT. U.S. stock futures traded lower in early European hours as investors braced for higher rates. The move hints at a cautious tone to kick off the second half, with traders watching for tighter central bank policy. Higher rates often mean higher borrowing costs, pressuring rate-sensitive stocks.
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