Asana Stock Soars 45% After Earnings. It Was More Than Just Profit and Revenue.
Asana stock was charging higher Friday after the work management software company turned in quarterly results that left Wall Street feeling optimistic. Asana stock gained 45% to $22.41 in trading Friday and was on track for its largest daily percentage increase on record, according to Dow Jones Market Data. For its third quarter, the company reported an adjusted loss of 2 cents per share, narrower than the loss of 7 cents analysts expected, according to FactSet.