Strive Asset Management (ASST) plunges 9.75% on renewed investor caution amid valuation concerns and operational challenges.

Strive Asset Management (ASST) plunged 9.753% in pre-market trading on January 27, 2026, signaling renewed investor caution amid persistent valuation concerns and operational challenges. The sharp decline follows a 45.44% three-month slump in its share price, compounding existing risks for shareholders.

Recent analysis highlights a stark contrast between the company’s low price-to-book ratio of 1.4x—well below the 1.8x-1.9x industry average—and its ongoing financial struggles. Despite appearing undervalued on this metric, ASST reported a net loss of $223.39 million against $5.51 million in revenue, raising questions about its ability to translate asset value into sustainable profitability. The stock’s volatility, coupled with a negative 28.66% return on equity, suggests market skepticism about management’s execution risks.

Investors are weighing whether the current $0.79 price reflects discounted risk or anticipates further deterioration. With the stock trading below analyst price targets and facing structural headwinds, the bearish momentum appears entrenched, even as valuation metrics hint at potential catalysts for re-rating. However, without material improvements in earnings or asset management performance, the downward trajectory may persist in the near term.