Alert: Major Price Decline (2/29/24)-Ironwood Pharmaceuticals Inc (NASDAQ: IRWD).

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On 2/29/24, Ironwood Pharmaceuticals Inc (NASDAQ: IRWD) stock suffered a major decline of -37.6%, closing at $9.43. Moreover, trading volume in this decline was exceptionally high at 835% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -37.7% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, IRWD is expected to be a major Value Eraser.

Ironwood Pharmaceuticals is currently unrated.

Rating Review

The stock is currently unrated.

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