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home / news releases / ASAN - Asana: No Reason To Own


ASAN - Asana: No Reason To Own

2023-04-16 01:57:46 ET

Summary

  • Asana is now down nearly 90% from its all-time high.
  • The small market size alongside strong competition will likely put pressure on growth in the long run.
  • Its latest earnings showed profitability continuing to worsen while guidance also indicates a massive slowdown in growth.
  • I rate the company as a sell.

For further details see:

Asana: No Reason To Own
Stock Information

Company Name: Asana Inc. Class A
Stock Symbol: ASAN
Market: NYSE
Website: asana.com

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