The collapse of Cassava Sciences and a resounding fall in shares

The collapse of Cassava Sciences and a resounding fall in the stock .

Cassava Sciences shares fall sharply as market opens It dropped more than 80% on Monday .

This strong and violent decline comes after the company announced its failure In an experiment to treat low-and moderate-grade Alzheimer's disease .

The company has announced that it will stop the second phase III trial .

The experiment involved 804 people in America, Australia and Canada .