Cassava Sciences, Inc. (SAVA) Stock Falls as Market Rises: What to Know

• Cassava Sciences is expected to announce -$0.42 per share.
• The company’s shares rose 20.78% in the past month.
• Investors hope Cassava’s earnings report is solid.

Cassava Sciences, Inc. (SAVA) finished at $30.44, down 1.17 percent from the previous day. This is behind the S&P 500’s 3.06 percent increase. Dow rose 2.68 percent, while tech-heavy Nasdaq fell 0.09 percent.

The company’s shares rose 20.78% in the past month, outperforming the Medical sector’s 2.37 percent loss and the S&P 500’s 4.31 percent loss.

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Cassava Sciences analyst estimates changed.

This exemplifies how rapidly corporate fashions may shift in response to new information. It’s possible that favorable changes to estimates are a sign of a robust feeling of confidence.

Estimate modifications impact near-term stock prices, according to our analysis. Profitable investors use the Zacks Rank. This model includes estimate adjustments and a scoring system.

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Medical comprises Drugs. This industry ranks 146 out of 250+, or 43%.

To get a sector’s Zacks Industry Rank, we simply average the Zacks Ranks of the companies in that sector. Top industries are twice as dominant as bottom ones.

Zacks.com features stock-moving measures.

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