Today: 20 March 2026
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NASDAQ:MNDY 10 November 2025 - 10 February 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.
Monday.com (MNDY) Q3 2025 Earnings: Revenue Jumps 26% to $316.9M, EPS $1.16; Stock Whipsaws on Softer Q4 Outlook

Monday.com (MNDY) Q3 2025 Earnings: Revenue Jumps 26% to $316.9M, EPS $1.16; Stock Whipsaws on Softer Q4 Outlook

Monday.com reported Q3 revenue of $316.9 million, up 26% year-over-year and above analyst estimates. Non-GAAP diluted EPS reached $1.16. Shares fell sharply after the company’s Q4 revenue outlook of $328–$330 million missed consensus. Customers with $100,000+ ARR rose 48% to 1,603, while remaining performance obligations climbed 36% to $747 million.

Stock Market Today

  • Ushio Raises Full-Year Profit Forecast on Cost Cuts, Chip Market Recovery, and Weak Yen
    March 20, 2026, 12:44 AM EDT. Ushio Inc. raised its consolidated full-year forecast for fiscal 2026, projecting net sales of ¥175 billion and operating profit of ¥11.5 billion. The company cited successful structural reforms that cut fixed costs, a recovering semiconductor market boosting demand for light sources, and a weaker yen as key drivers. Ushio's profit attributable to owners now stands at ¥7.5 billion, showing double-digit growth from prior estimates. The impact of its recent acquisition of ams-OSRAM's lamp business remains under review. The forecast upgrade reflects strong earnings improvements and rising market sentiment, with analysts maintaining a Buy rating and a ¥3,570 price target for the Tokyo-listed lighting and optical tech firm.
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