Why Cassava Sciences Is Bolting Higher Today

George Budwell, The Motley Fool
·2 min read
Why Cassava Sciences Is Bolting Higher Today
Why Cassava Sciences Is Bolting Higher Today

Shares of Cassava Sciences (NASDAQ: SAVA) jumped by as much as 26% in pre-market trading Friday morning. The pre-revenue biotech's stock took flight after a positive note from investment bank Cantor Fitzgerald. Specifically, Cantor Fitzgerald set a $24 per share price target on the biotech's stock Thursday after the closing bell.