ASAN News and Press, Asana Inc. Class A From 05/13/22

Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In March, Asana (NYSE : ASAN ) reported fourth-quarter results that were encouraging and impressive in some ways. And as I pointed out in a previous column on ASAN stock, the company’s “work managemen...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Many companies across many different industries are facing major struggles. Since November, Asana’s (NYSE: ASAN ) stock has been slumping, but it was not due to any major event. You can blame the general envir...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Asana  ( ASAN ) is under pressure and has been pushed down to an attractive price point. At the same time, Asana has a global market presence and high-conviction products. Investors should consider a “...

Recognized for scaling a culture of belonging and inclusion across its globally distributed teams. For the fifth year in a row, Asana, Inc. (NYSE: ASAN)(LTSE:ASAN) has been named to Inc. Magazine’s annual list of the Best Workplaces for 2022. This year, the aw...

Shares of Asana (NYSE: ASAN) tumbled by 32.9% in April, according to data provided by S&P Global Market Intelligence . There was no significant news that would have directly affected Asana, but the stock has been slumping since November as investors broadly have been shiftin...

Asana, Inc. (NYSE: ASAN)(LTSE: ASAN), a leading work management platform for teams, announced today that it will release financial results for the first quarter of fiscal year 2023 on Thursday, June 2, after the close of the U.S. markets. In conjunction with the announcement, the co...

Asana is showing encouraging customer and revenue trends. The company looks set to invest heavily in improving its product further. Despite attractive signs, the losses are prohibitively large. For further details see: Asana: Is It A Buy On This Dip?

ASAN has delivered strong growth for the recent quarter (67% YOY) and projects a 40% growth rate for the fiscal year 2023. All CEOs in the peer group have seen significant industry tailwinds for work management services. ASAN has surpassed Smartsheet with a larger customer group w...

Asana has shed 60% of its value year to date and is down more than 80% from its all-time highs, one of the biggest losers in the tech space. The company has been pummeled for its slowing growth and its persistently large loss margins. Still, with Asana calling for ~40% y/y revenue...