Asana Inc declined 12.4% to $18.94 despite the work management reporting strong quarterly results and revised higher its full-year outlook. 

Revenue in the second quarter increased 20% to $162.5 million from $134.9 million and net loss shrank to $71.4 million from $113 million and diluted loss per share declined to 33 cents from 55 cents a year earlier. 

The company revised higher its third quarter revenue to between $163.5 million and $164.5 million, an increase of 16% and full-year 2024 revenue between $642 million to $648 million, an increase of 17% from a year ago. 

Southwest Airlines Co declined 3.2% to $29.82 after the regional airline estimated August bookings were near the "lower-end" of the company's expectations. 

The airline also added third quarter revenue per seat mile is likely to be near the low end of its previous estimate.  

AeroVironment, Inc jumped 27% to $121.39 after the company reported fiscal first quarter revenue of $152 million and adjusted earnings per share surged to $1.0.  

Roku Inc soared 6.8% to $88.86 after the company lifted its third quarter revenue to a new range between $835 million and $875 million from the previous estimate of $815 million. 

The company also announced its plan to lay off 10% of its staff and review its aggregated content to trim costs and consolidate its office space. 

Gitlab Inc increased 0.7% to $50.10 after the database platform developer reported better-than-expected second quarter results.

Second quarter revenue increased 38% to $139.6 million from $101 million and net loss shrank to $51.2 million from $61.5 million and diluted loss per share decreased to 33 cents from 40 cents.

The company guided third quarter revenue between $140 million and $141 million and fiscal year 2024 revenue between $555 million and  $557 million.