We recently published 10 Big Names Crumbling Before 2026. Strive Asset Management, LLC (NASDAQ:ASST) is one of the worst performers on Tuesday.
Strive Asset dropped for a third day on Tuesday, losing 5.35 percent to close at $0.7320 apiece as investors unloaded positions anew amid the lack of fresh leads to boost buying.
Tuesday marked Strive Asset Management, LLC’s (NASDAQ:ASST) 13th consecutive day of trading below the exchange’s minimum bid price requirement of $1.
The Nasdaq requires companies to maintain trading above the $1 bid price to continue trading their shares, or they could face a forced delisting on the exchange.
Pixabay/Public Domain
In other news, Strive Asset Management, LLC (NASDAQ:ASST) announced the increase of its annual dividend rate for preferred stockholders to 12.25 percent from 12 percent at present. The dividends will be paid in monthly installments beginning January 2026.
The first round of dividends, amounting to $1.0208 per share, is payable on Jan. 15, 2026 to all preferred shareholders as of Jan. 1, 2026 record.
“The increased dividend reflects Strive’s continued commitment to enhancing shareholder value while maintaining disciplined management of its capital structure,” Strive Asset Management, LLC (NASDAQ:ASST) said.
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READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
