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Ironwood Pharmaceuticals (IRWD) Looks Good: Stock Adds 7.6% in Session

Zacks Equity Research

Ironwood Pharmaceuticals, Inc. IRWD was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.73 – $11.97 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen two negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Ironwood Pharmaceuticals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Ironwood Pharmaceuticals, Inc. Price

Ironwood Pharmaceuticals, Inc. Price

Ironwood Pharmaceuticals, Inc. price | Ironwood Pharmaceuticals, Inc. Quote

A better-ranked stock in the Medical – Drugs industry is Aldeyra Therapeutics, Inc. ALDX, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Ironwood Pharmaceuticals, Inc. (IRWD) : Free Stock Analysis Report
 
Aldeyra Therapeutics, Inc. (ALDX) : Free Stock Analysis Report
 
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