Strive Asset (ASST) Rallies 7% After Falling Below Minimum Bid Price

We recently published 10 Stocks Lighting Up Market Ahead of Christmas. Strive Asset Management, LLC (NASDAQ:ASST) is one of the best performers on Wednesday. Strive surged by 7.03 percent on Wednesday to finish at 0.8620apieceasinvestorsscrambledtoloaduppositionstosupportitspriceboostafterfailingtocomplywithanexchangerequirement.TheNasdaqrequirescompaniestomaintainaminimumbidpriceof0.8620 apiece as investors scrambled to load up positions to support its price boost after failing to comply with an exchange requirement. The Nasdaq requires companies to maintain a minimum bid price of 1 to continue listing their shares, or they could face a forced delisting on the exchang ...