Asana (ASAN) Stock Craters 27% as CEO Retires
The stock of software company Asana (ASAN) has plunged 27% on news that CEO Dustin Moskovitz is retiring. Optimize Your Investment Research
Asana CEO Dustin Moskovitz is retiring
Dustin Moskovitz is retiring from Asana, the software company he founded in 2008. Asana, a task management platform, announced his retirement as part of the company’s fiscal fourth-quarter earnings report, CNBC reported. Moskovitz informed the board he intends to move into a chair role when a new CEO starts.
Asana CEO Announces Retirement
Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is leaving the software company he founded in 2008. TakeAway Points: Dustin Moskovitz, the CEO of Asana and one of the original co-founders of Facebook,
Asana shares plunge over 25% on weak outlook and CEO Dustin Moskovitz’s retirement
For its fiscal 2025 fourth quarter that ended on Jan. 31, Asana reported it broke even, up from a loss of four cents per share in the same quarter of the previous fiscal year, on revenue of $188.3 million, up 10% year-over-year. Both figures were slightly above the loss of a penny per share and revenue of $188.1 million expected by analysts.
Asana Shares Sink as CEO Moskovitz Plans Retirement, Guidance Disappoints
Shares for Asana plunged after the software company said Chief Executive Dustin Moskovitz would retire and offered guidance that failed to impress Wall Street. The stock dove nearly 20% to $13.32 in after-hours trading amid a larger selloff of technology stocks.
Asana CEO Dustin Moskovitz to transition to Board Chair role
Founder, CEO and Chair of Asana, has informed the Board of Directors of his intention to transition to the role of Chair when a new CEO begins. The Asana Board has retained a leading executive search firm to execute a search for the company’s next CEO.
Asana CEO Dustin Moskovitz to Retire, Plans to Focus on Philanthropy
Asana's CEO and co-founder Dustin Moskovitz announced his retirement, according to CNBC. He will transition to the role of Chair once a new CEO is appointed. The company's fourth-quarter revenue increased 10% year-over-year,
Asana CEO Dustin Moskovitz announces retirement, stock price drops 25%
Dustin Moskovitz, the CEO of Asana, will retire from the enterprise software company he helped co-found in 2008.
Asana, Inc. (ASAN): “Mic Drop! Jim Cramer Rips Asana After CEO’s Shocking Exit”
We recently published a list of Jim Cramer Discusses These 12 Stocks & Says Mag 7 Stocks Are A Thing Of The Past. In this ...
Barchart on MSN3d
Asana Stock Is Tumbling After Its Q4 Earnings, But the Dip Won’t Last
Shares of Asana (ASAN), the leading enterprise work management platform, tumbled about 30% in morning trade on March 11 ...
DA Davidson Forecasts Asana’s Q1 Earnings (NYSE:ASAN)
Equities research analysts at DA Davidson issued their Q1 2026 earnings per share estimates for Asana in a report released on ...
StockStory.org on MSN3d
Why Asana (ASAN) Shares Are Plunging Today
Shares of work management software maker Asana (NYSE: ASAN) fell 30.3% in the pre-market session after the company reported ...
Asana, Inc. (NYSE:ASAN) Just Reported, And Analysts Assigned A US$15.61 Price Target
Shareholders in Asana, Inc. ( NYSE:ASAN ) had a terrible week, as shares crashed 29% to US$13.41 in the week since ...
The Information2d
Moskovitz Should Sell Asana
We saw a muted recovery in some tech stocks on Tuesday, but there were a few notable exceptions. One was Asana, which makes a ...
Asana Growth Materially Lags Peers, JP Morgan Cuts Price Forecast
Asana's stock (NYSE: ASAN) fell following price target cuts by Wall Street firms despite beating earnings estimates and ...
Asana price target lowered to $15 from $18 at Morgan Stanley
Morgan Stanley analyst Josh Baer lowered the firm’s price target on Asana (ASAN) to $15 from $18 and keeps an Equal Weight rating on the ...
Asana Stock Sinks 27% After Earnings. Blame ‘More Than Just Inflated Expectations,’ Analysts Say.
Asana stock remains challenged in the face of CEO Dustin Moskovitz’s sudden retirement and a downbeat outlook for the current ...