Rigel Pharmaceuticals (RIGL) sinks 7.3% to $9.58 after pricing an offering of 13.685M shares at...

|About: Rigel Pharmaceuticals, Inc. (RIGL)|By:, SA News Editor

Rigel Pharmaceuticals (RIGL) sinks 7.3% to $9.58 after pricing an offering of 13.685M shares at $9.50 each, resulting in gross proceeds of $130M. The underwriters have a 30-day option to buy up to 2.05M extra shares to cover overallotments. (PR)