Cassava Sciences Inc (SAVA)

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Why is Cassava Sciences Inc (SAVA) Stock down?

We've noticed a 7.31% decline in Cassava Sciences Inc (SAVA) stock during the 2024-04-19 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

13 Oct, 2023:

Cassava Sciences Inc Stock (SAVA) dropped by 15.28% from $17.54 to $14.86 in the trading on Friday October 13, 2023. The reason why SAVA stock down today is due to an internal report prepared by the City University of New York (CUNY) that was leaked to the press. A researcher working on behalf of the company was found to have engaged in scientific misconduct in regards to data on the company's prized Alzheimer’s asset simufilam.