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Why Shares of Asana Were Falling Today

TheMotleyFool

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Why Shares of Asana Were Falling TodayPhoto, wide shot, wide-angle lens, Software company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://img.theapi.app/temp/70b5df15-67cc-4a1b-af41-3596614daf77.png

Shares of Asana (NYSE: ASAN) were sliding today after the cloud productivity software company posted disappointing guidance in its fiscal 2025 second-quarter earnings report. The stock was down 6.3% as of 1:17 p.m. ET on the news.

Image source: Getty Images.

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 $177.7 million.

Source Fool.com

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