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As of 9:50 a.m. ET, Asana stock was up about 40% and hitting 52-week highs. Beating the top end of guidance by 1% seems incompatible with a 40% gain in Asana's stock price.
Asana stock is still down roughly 90% from its pandemic peak, and the latest round of results shows the company is struggling, with revenue up 10% to $179.2 million, which edged out estimates at ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of December 9, 2024. Travis Hoium has positions in Asana. The ...
Why would Asana (NYSE:ASAN) stock fall fast despite an earnings beat? That’s the billion-dollar question today, and the answer has to do with Asana’s current-quarter and full-year fiscal outlook.
In September 2020, Asana went public on the New York Stock Exchange via a direct public offering. In August 2021, Asana dual listed on the Long-Term Stock Exchange. [18] By December 2021, Asana's customer count increased to 114,000 with two million paid seats globally and 739 of these were spending $50,000 or more on an annualized basis. [19]
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The Dow Jones Industrial Average climbed 358 points, or 0.9% ...
Although Asana's share price has performed essentially on par with the S&P 500 and Nasdaq Composite this year, recent movements suggest the stock could be about to take off. What does Asana do?