UPDATE: Matt Nachtrab Responds To Adam Feuerstein Tweet 'Classic misinformation or FUD spread by the court jester for the short sellers of $sava. He is the king of manipulation of biotech stocks to benefit short sellers. Maybe I am disrupting their plans?'
Portfolio Pulse from Benzinga Newsdesk
Matt Nachtrab has responded to a tweet by Adam Feuerstein, accusing him of spreading misinformation or FUD (Fear, Uncertainty, and Doubt) about Cassava Sciences ($SAVA) to benefit short sellers. Nachtrab suggests that his actions might be disrupting the plans of these short sellers.
September 20, 2024 | 8:26 pm
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NEUTRAL IMPACT
Matt Nachtrab accuses Adam Feuerstein of spreading misinformation about Cassava Sciences, potentially impacting the stock's perception among investors.
The accusation of spreading misinformation could lead to increased volatility in SAVA's stock price as investors react to the potential impact of these claims. However, without concrete evidence or further developments, the immediate impact on the stock price remains neutral.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80