diff --git a/src/components/PopoverWithMeasuredContent.tsx b/src/components/PopoverWithMeasuredContent.tsx
index 7d83d8525b5c..429aaad7452f 100644
--- a/src/components/PopoverWithMeasuredContent.tsx
+++ b/src/components/PopoverWithMeasuredContent.tsx
@@ -9,6 +9,7 @@ import ComposerFocusManager from '@libs/ComposerFocusManager';
 import PopoverWithMeasuredContentUtils from '@libs/PopoverWithMeasuredContentUtils';
 import CONST from '@src/CONST';
 import type {AnchorDimensions, AnchorPosition} from '@src/styles';
+import type {PopoverAnchorPosition} from './Modal/types';
 import Popover from './Popover';
 import type PopoverProps from './Popover/types';
 
@@ -76,6 +77,10 @@ function PopoverWithMeasuredContent({
         ComposerFocusManager.saveFocusState(modalId);
     }
 
+    if (!prevIsVisible && isVisible && isContentMeasured) {
+        setIsContentMeasured(false);
+    }
+
     /**
      * Measure the size of the popover's content.
      */
@@ -130,11 +135,18 @@ function PopoverWithMeasuredContent({
         anchorDimensions.height,
         shoudSwitchPositionIfOverflow,
     );
-    const shiftedAnchorPosition = {
+    const shiftedAnchorPosition: PopoverAnchorPosition = {
         left: adjustedAnchorPosition.left + horizontalShift,
-        bottom: windowHeight - (adjustedAnchorPosition.top + popoverHeight) - verticalShift,
     };
 
+    if (anchorAlignment.vertical === CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.TOP) {
+        shiftedAnchorPosition.top = adjustedAnchorPosition.top;
+    }
+
+    if (anchorAlignment.vertical === CONST.MODAL.ANCHOR_ORIGIN_VERTICAL.BOTTOM) {
+        shiftedAnchorPosition.bottom = windowHeight - (adjustedAnchorPosition.top + popoverHeight) - verticalShift;
+    }
+
     return isContentMeasured ? (
         <Popover
             shouldHandleNavigationBack={shouldHandleNavigationBack}