Many tech stocks have improved significantly over the past year or two. Asana (New York Stock Exchange: Asan) is not one of them. The company expects its revenue to decline this quarter and is burning cash like crazy. In this video, Travis Hoium covers the company's recent performance, which has been disastrous for investors.
*Stock price uses the closing price on March 12, 2024. The video was released on March 13, 2024.
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Travis Hoium has a position at Asana. The Motley Fool owns a position in and recommends Asana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may receive compensation for promoting its services. If you choose to subscribe through our link, we will earn extra money to support our channel. Their opinions are their own and are not influenced by The Motley Fool.
1 “Tech Stock Turnarounds Failing Before Our Eyes” was originally published by The Motley Fool.
