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Benzinga
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Progress Software, Disc Medicine And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session

1. U.S. stock futures increased, particularly Nasdaq futures gained over 150 points. 2. Progress Software's shares fell after providing disappointing first-quarter EPS guidance. 3. Disc Medicine, Inc. IRON fell 2.7% following a proposed $200 million public offering.

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FAQ

Why Bearish?

Disc Medicine's stock decline suggests negative market sentiment affecting investor confidence. Similar offerings often lead to short-term price decreases.

How important is it?

Market movements and competitor performance can impact investor outlook for IRON significantly.

Why Short Term?

The public offering may dampen IRON's momentum temporarily but could lead to future growth.

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