Shares of Asana (ASAN), the leading enterprise work management platform, tumbled about 30% in morning trade on March 11 following its latest quarterly report. Investor sentiment has soured due to weak guidance and the announcement of a CEO succession plan amid a weak macroeconomic environment.

Explore what to expect to the Asana stock price in the coming days after the company publishes its financial results this year

Asana stock remains challenged in the face of CEO Dustin Moskovitz’s sudden retirement and a downbeat outlook for the current fiscal quarter, analysts said. Shares plummeted in after-hours trading Monday following the announcement that Moskovitz was stepping down from the top role at the company he co-founded nearly 17 years ago.