Alert: Major Price Advance (7/11/24)-Rigel Pharmaceuticals Inc (NASDAQ: RIGL).

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Rigel Pharmaceuticals Inc (NASDAQ: RIGL) stock enjoyed a major increase of 12.0% on 7/11/24. The shares closed at $9.62. However, trading volume in this advance was normal at 83% of normal. The stock has been weak relative to the market over the last nine months but has risen 14.3% during the last week.

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Current PriceTarget Research Rating

RIGL is expected to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.

Rigel Pharmaceuticals is currently unrated.

Rating Review

The stock is currently unrated.

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