Why Shares of Cassava Sciences Are Dropping Wednesday

Why Shares of Cassava Sciences Are Dropping Wednesday

Source: 
Motley Fool
snippet: 
  • Simufilam slowed cognitive decline by 38% compared to a placebo after six months for patients with mild to moderate Alzheimer's disease.
  • Cassava Sciences has been the target of shareholder lawsuits, short-seller reports, and government inquiries.
  • The company has enough cash to fund operations into 2025.