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NEW YORK ( TheStreet) -- Ironwood Pharmaceuticals (Nasdaq: IRWD) hit a new 52-week low Tuesday as it is currently trading at $9.97, below its previous 52-week low of $10 with 12,527 shares traded as of 9:46 a.m. ET. Average volume has been 266,600 shares over the past 30 days. Ironwood has a market cap of $1.1 billion and is part of the health care sector and health services industry. Shares are down 2.5% year to date as of the close of trading on Monday. Ironwood Pharmaceuticals, Inc. discovers, develops, and commercializes medicines targeting therapeutic needs.