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Benzinga

Business

Vishaal Sanjay

Vivek Ramaswamy's 'Anti-Woke' Asset Management Company Is Surging: Here's Why

Vivek Ramaswamy STRIVE ASST Mike Alfred Nasdaq Bitcoin IREN Reddit

Milwaukee,,United,States,Of,America,,July,16,,2024:,Vivek,Ramaswamy

Asset management company, Strive Inc. (NASDAQ:ASST) has been surging since Friday, with the stock up 27.29% during the day and another 40% in overnight trade.

The company was founded by former Republican Presidential hopeful Vivek Ramaswamy as an “anti-woke” and “anti-ESG” asset manager, aimed at countering the growing politicization of corporate America by other large asset managers such as BlackRock Inc. (NYSE:BLK), State Street Corp. (NYSE:STT) and The Vanguard Group.

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