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Actionable news in IRWD: Ironwood Pharmaceuticals, Inc.,

Today's Dead Cat Bounce Stock: Ironwood Pharmaceuticals (IRWD)

Trade-Ideas LLC identified Ironwood Pharmaceuticals ( IRWD) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Ironwood Pharmaceuticals as such a stock due to the following factors:

  • IRWD has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $22.0 million.
  • IRWD has traded 1.2 million shares today.
  • IRWD is up 3% today.
  • IRWD was down 5.5% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in IRWD with the Ticky from Trade-Ideas. See the FREE profile for IRWD NOW at Trade-Ideas More details on IRWD: Ironwood Pharmaceuticals, Inc., a pharmaceutical company, engages in the research, development, and commercialization of human therapeutic products. Currently there are 3 analysts that rate Ironwood Pharmaceuticals a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for Ironwood Pharmaceuticals has been 1.6 million shares per day over the past 30 days. Ironwood has a market cap of $1.6 billion and is part of the health care sector and drugs industry. The stock has a beta of 0.86 and a short float of 23.3% with 8.34 days to cover. Shares are down 11.6% year-to-date as of the close of trading on...