The market today saw Asana, Inc. ASAN take a nosedive after it presented a softer fiscal year 2025 revenue outlook.

Despite delivering a quarterly sponge bath of 4 cents per share, 60% better than the Wall Street bet of 10 cents in losses, Asana posted sales worth $171.1 million, nudging 2.04% past analyst forecasts of $167.676 million.

Trading hurdles are likely to persist as the company anticipates adjusted losses of 19 to 22 cents a share in fiscal year 2025, missing the mark by 2 cents, with revenues targeted at $716 million to $722 million, underwhelming estimates set at $724.75 million.

With this slide, Asana’s stock fell to $16.72, down 11% on Tuesday.

Here’s a snapshot of other equities that made waves in the mid-day session.

Top Gainers

• ClearOne, Inc. CLRO revved up 168.4% to $2.4299 riding the waves of a special one-time cash dividend of 50 cents per share.
• Regulus Therapeutics Inc. RGLS sailed up 74.3% to $2.4050 post the release of pep-infused results from its Phase 1b MAD study of RGLS8429 for ADPKD and a hefty $100 million private placement of equity.
• Assure Holdings Corp. IONM secured a 49% gain at $0.4880 by sealing the deal on a sale of assets to MPOWERHealth, pumping in up to $4.5 million.
• Ranpak Holdings Corp. PACK powered a 40.1% boost to $6.12 on the back of an earnings windfall, met with Baird’s bullish maintenence of an Outperform verdict and a target price bump from $5 to $7.
• Singularity Future Technology Ltd. SGLY soared 37.6% to $4.3321 after a rousing Monday.
• Li-Cycle Holdings Corp. LICY surged 27.4% to $0.5111 post a deal to issue a $75 million senior secured convertible note to a Glencore affiliate.
• Nukkleus Inc. NUKK rose 22.5% to $1.41, following a 43% sprint on Monday.
• ATRenew Inc. RERE stepped up 17.7% to $1.4003, coming off a fourth-quarter performance report unveiling a $20 million share buyback blueprint.
• Lucas GC Limited LGCL surged 17.4% to $3.5099.
• The Beachbody Company, Inc. BODI blasted 16.7% higher to $10.60 on the heels of a sunny fourth-quarter revenue outcome alongside a promising first-quarter forecast.
• Assertio Holdings, Inc. ASRT stepped up 15.6% to $1.08 in the wake of fourth-quarter earnings.
• Kanzhun Limited BZ ascended 14.8% to $20.10, celebrating superior fourth-quarter financials and an upbeat first-quarter revenue outlook, topped off with a $200 million share repurchase deal.
• Heritage Insurance Holdings, Inc. HRTG sailed 13.4% higher to $8.11, anchored by a crowd-pleasing fourth-quarter show.
• Datasea Inc. DTSS surged 13.3% to $9.12.
• Mission Produce, Inc. AVO shot up 12% to $11.98, fueled by a mouth-watering quarterly display.
• Talkspace, Inc. TALK leaped 11.3% to $3.25.
• Bioventus Inc. BVS elevated 11.2% to $5.91 on the back of a delectable fourth-quarter financial report and a bullish FY24 net sales projection.
• Bowman Consulting Group Ltd. BWMN ascended 11% to $37.33, embellished with a solid quarterly performance.
• Oracle Corporation ORCL rose 10.5% to $126.09 after delivering a hearty fiscal third-quarter earning report.
• Archer-Daniels-Midland Company ADM leapt 5% to $57.63 post a fourth-quarter financial show and chunky FY24 forecast. The company also unveiled an intention to gobble up an extra $2 billion of shares under its current share buyback program.
• MINISO Group Holding Limited MNSO edged up 3% to $18.45, parading its robust quarterly earnings.

Laggards

• BYND Cannasoft Enterprises Inc. BCAN plunged 71.5% to $0.0285 following the pricing announcement of a $7.0 million underwritten public offering.
• Simpple Ltd. SPPL dipped 40.4% to $3.38.
• Blade Air Mobility, Inc.. BLAD