1-May-2026
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IRON Drops Up to 39% After FDA CRL for Bitopertin -- LEVI & KORSINSKY, LLP Investigates
Globe Newswire (Thu, 16-Apr 9:00 AM ET)
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Disc Medicine Inc is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for hematologic diseases. It aims to modify fundamental biological pathways associated with the formation and function of red blood cells, specifically heme biosynthesis and iron homeostasis. Its pipeline includes bitopertin for erythropoietic porphyrias (EPs), including erythropoietic protoporphyria (EPP), X-linked protoporphyria (XLP), and Diamond-Blackfan Anemia (DBA); DISC-0974 for the treatment of anemia of myelofibrosis (MF) and anemia of chronic kidney disease (CKD); and DISC-3405 for the treatment of polycythemia vera (PV) and other hematologic disorders. In addition, the Company's preclinical programs include DISC-0998.
Disc Medicine trades on the NASDAQ stock market under the symbol IRON.
As of May 1, 2026, IRON stock price climbed to $66.91 with 279,148 million shares trading.
IRON has a beta of 1.64, meaning it tends to be more sensitive to market movements. IRON has a correlation of 0.17 to the broad based SPY ETF.
IRON has a market cap of $2.56 billion. This is considered a Mid Cap stock.
In the last 3 years, IRON traded as high as $99.50 and as low as $25.60.
The top ETF exchange traded funds that IRON belongs to (by Net Assets): XBI, VTI, IWM, VXF, IWO.
IRON has outperformed the market in the last year with a return of +34.7%, while the SPY ETF gained +30.4%. However, in the most recent history, IRON shares have underperformed the stock market with its stock returning -13.5% in the last 3 month period and -6.8% for the last 2 week period, while SPY has returned +4.4% and +1.5%, respectively.
IRON support price is $64.10 and resistance is $67.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IRON shares will trade within this expected range on the day.
