ASAN - GameStop's Rising but This Software Stock Is Thursday's Big Winner
Investors remain uncertain about the immediate future of the financial markets, and it's showing up in heightened volatility among major stock market indexes. On any given day, you can expect to see big movements in the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) , and often, premarket indications of what a given day will look like turn out to be completely different from what actually happens. As of 8:30 a.m. ET, futures on major markets were mixed, with the Dow up, the S&P unchanged, and the Nasdaq slightly lower.
Many market participants are paying close attention to popular video game retailer GameStop (NYSE: GME) , and its latest release of financial results did indeed lead to an uptick in the meme stock . However, another company, Asana (NYSE: ASAN) , managed to make its shareholders even more excited about its future prospects. Read on to get a better sense of how both companies are faring.
Shares of GameStop moved higher by 5% in premarket trading early Thursday. The much-followed video game retail specialist wasn't able to live up to all of its shareholders' expectations, but the stock still responded favorably to GameStop's apparent long-term vision.
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GameStop's Rising, but This Software Stock Is Thursday's Big Winner