Why Okta Stock Barreled Higher Tuesday Morning
Shares of (NASDAQ: OKTA) charged out of the gate Tuesday, gaining as much as 8.9%. As of 2:13 p.m. ET, the stock was still up 8.2%.
The catalyst that sent the cybersecurity specialist higher was word that its stock would be added to a premier index early next month.
In a press release that dropped after the market close yesterday, S Global announced that Okta would be added to the S MidCap 400 index prior to the start of trading on Thursday, May 1. The stock will be replacing Berry Global Group.
Source Fool.com
Okta Inc. Stock
€54.69
0.590%
With 74 Buy predictions and 3 Sell predictions Okta Inc. is one of the favorites of our community.
With a target price of 106 € there is a hugely positive potential of 93.82% for Okta Inc. compared to the current price of 54.69 €.
