Reported 2 days ago
On June 5, 2025, Asana, Inc. (ASAN) experienced a significant drop of 20.47%, ending the day at $15.11 per share, following a warning from CFO Sonalee Parekh about potential declines in net retention rates for the second quarter. Despite a narrower net loss in Q1 and an increase in revenue, the company faces pressing challenges in its enterprise and middle-market segments.
Source: YAHOO