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Insider Selling: Disc Medicine (NASDAQ:IRON) CFO Sells $256,154.50 in Stock
Disc Medicine’s CFO, Jean Franchi, sold 4,075 shares of company stock for a total of $256,154.50 on February 17th, reducing her stake by nearly 5%. This sale occurred amidst mixed market sentiment for IRON, including an FDA denial of fast-track designation for their lead drug bitopertin, which will extend approval timelines, and analyst price target adjustments. Despite some negative developments, institutional investors have shown strong buying interest in the company.