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Dec. 6, 2019, 10:58 a.m. EST

Cassava stock is up on Alzheimer's data

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By Jaimy Lee

Shares of Cassava Sciences Inc. /zigman2/quotes/204212356/composite SAVA +0.88% jumped 24% on positive data from a mid-stage trial for its experimental Alzheimer's disease drug, PTI-125. The data, which found that the therapy reduced cerebrospinal fluid and plasma biomarkers for Alzheimer's, was released Dec. 5 at the Clinical Trials on Alzheimer's Disease meeting in San Diego. Biogen /zigman2/quotes/201531540/composite BIIB +0.47% also released somewhat controversial data about its late-stage Alzheimer's candidate at the conference on Thursday. Cassava stock is up 163% year-to-date. The S&P 500 /zigman2/quotes/210599714/realtime SPX +0.83% is up 25%.

/zigman2/quotes/204212356/composite
US : U.S.: Nasdaq
$ 11.51
+0.10 +0.88%
Volume: 4.29M
Sept. 30, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$284.33 million
Rev. per Employee
N/A
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/zigman2/quotes/201531540/composite
US : U.S.: Nasdaq
$ 283.68
+1.33 +0.47%
Volume: 1.20M
Sept. 30, 2020 4:00p
P/E Ratio
8.31
Dividend Yield
N/A
Market Cap
$44.70 billion
Rev. per Employee
$1.55M
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/zigman2/quotes/210599714/realtime
US : S&P US
3,363.00
+27.53 +0.83%
Volume: 2.62B
Sept. 30, 2020 5:20p
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