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Why Okta Stock Jumped This Week

TheMotleyFool

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Why Okta Stock Jumped This WeekPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Shares of Okta (NASDAQ: OKTA) were rallying this week as investors responded positively to announcements at its annual Showcase event and as the cloud identity software company seemed to get a tailwind from falling interest rates.

The stock was up 11.8% for the week as of the market close on Thursday.

Image source: Getty Images.

Source Fool.com

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