1 Year Ago
1 Min Read

Off goes SAVA. The stock leaped today, but no clear catalyst

Shares of Cassava Sciences Inc (SAVA) are trading 8% higher at a price of $32.81 at the time of this writing. While it's generally been a slightly bearish day for this part of the market, the company is zooming past it's peers in the Health Care sector.

Cassava Sciences Inc has been trading between a 52-week high of $100 and a 52-week low of $13.84. The stock has a market cap of $1.32 Billion.

Cassava Sciences' mission is to discover and develop innovations for chronic, neurodegenerative conditions. Over the past 10 years, Cassava Sciences has combined state-of-the-art technology with new insights in neurobiology to develop novel solutions for Alzheimer's disease.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

scrafter54 - 2 upvotes - source

daiken77 - 1 upvotes - source
$SAVA investigation by SEC appears to be closed after reportedly reviewing 48 boxes of data to see if stellar research data had been manipulated.

SailorJerry7030 - 1 upvotes - source
SAVA gang rise up!

iambrian101 - 0 upvotes - source