Facebook's billions are backing two direct listings on Wednesday: Palantir and Asana
that revenue this year will increase 42% to $1.06 billion and that it will have an adjusted profit, excluding stock-based compensation costs, of $121 million.
Asana's trading volume has been much lower than Palantir's. While 660,000 to 17.7 million Palantir shares traded each month between April 2019 and August 2020, Asana's volume ranged from 2,000 shares to about 683,000 shares per month between February and August 2020.
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