Why Is Ironwood (IRWD) Down 18.4% Since Last Earnings Report?

It has been about a month since the last earnings report for Ironwood Pharmaceuticals (IRWD) . Shares have lost about 18.4% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Ironwood due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Sin ...