Assertio Holdings, Inc. (NASDAQ:ASRT) Q4 2023 Earnings Call Transcript March 11, 2024 Assertio Holdings, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by, and welcome to the Assertio Holdings Fourth Quarter and Full Year 2023 […]
Assertio (ASRT) appears weighed down by the recent leadership transition. The company is also facing challenges with sales of its product franchisee of late.
Today’s backdrop of a predicted fall in interest rates, as well as the expectation that indices like the S&P 500 will surge higher, has some important considerations for penny stocks. Penny stocks tend to do better when the downward pressures on their valuations subside. This is the same with other forms of comparatively riskier investments, like tech stocks. The reason is that we assess both types of assets on the present value of their discounted future cash flows. Interest rates affect the di