Today: 20 March 2026
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NASDAQ:ASAN 4 January 2026 - 13 January 2026

Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana shares fell 7.1% to $12.04 Tuesday afternoon, underperforming major indexes after U.S. inflation data showed a 2.7% annual rise in December. The drop mirrored declines in other cloud software stocks. Company news was limited, though Asana launched a new automation feature late Monday. Investors are watching the Fed’s Jan. 27-28 meeting and Asana’s fiscal year-end on Jan. 31.
Asana stock slides 5% to start 2026 — downgrade and key dates that could move ASAN next

Asana stock slides 5% to start 2026 — downgrade and key dates that could move ASAN next

Asana shares fell 5.4% to $12.96 Friday after Wall Street Zen downgraded the stock to “hold,” MarketBeat reported. The drop leaves Asana near its 52-week low, with investors watching for signs of further U.S. rate cuts after Fed officials signaled patience. The S&P 500 rose 0.2% while the Nasdaq-100 slipped 0.2%. Asana last forecast Q4 revenue of $204 million to $206 million.

Stock Market Today

  • Schwab Fundamental International Large Company Index Sees $218.8M Inflow
    March 20, 2026, 11:42 AM EDT. The Schwab Fundamental International Large Company Index ETF (FNDF) experienced a notable inflow of approximately $218.8 million, marking a 1.0% increase in outstanding units week over week, rising from 442.3 million to 446.8 million units. Major holdings performance varied slightly, with Medtronic (MDT) and ZIM Integrated Shipping Services (ZIM) gaining 0.2% each, while Teva Pharmaceutical (TEVA) fell 1.8%. FNDF currently trades at $47.66, between its 52-week low of $31.915 and high of $52.935. ETF unit creation and destruction reflect buying and selling of underlying assets, influencing components' market activity.
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