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ASAN - Huge News for Asana and Investors Aren't Happy
Asana Inc. Class A
2023-12-06 17:00:00 ET
Asana (NYSE: ASAN) reported quarterly results on Wednesday, and the market didn't like the trends in the business. Not only is the work management software company still losing money, growth is slowing to a crawl, and customers seem to be reducing their spend.
In this video, Travis Hoium covers Asana's trends and shows why this stock still isn't a great buy, despite its product being a customer favorite.
*Stock prices used were end-of-day prices of Dec. 6, 2023. The video was published on Dec. 6, 2023.