Asana (ASAN) PT Lowered to $22 at JPMorgan

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Asana (ASAN) Stock Soars 20% as CEO Buys Shares, Analyst Reactions Mixed

September 8, 2022 7:00 AM EDT

Shares of Asana (NYSE: ASAN) are up by almost 20% in premarket Thursday after the software company reported strong Q2 results and offered an upbeat forecast for the third quarter.

Asana reported a loss per share of $0.34 on revenue of $134.9 million, which is better than the consensus that was looking for a loss per share of $0.39 on revenue of $127.27 million.

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