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Why Okta Stock Barreled Higher Tuesday Morning

TheMotleyFool 
0 0 29.04.25
Why Okta Stock Barreled Higher Tuesday MorningPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png
 

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.

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Source Fool.com

Okta Inc. Stock

€127.48
-5.120%
Heavy losses for Okta Inc. today as the stock fell by -€6.880 (-5.120%).
With 87 Buy predictions and 3 Sell predictions Okta Inc. is one of the favorites of our community.
On the other hand, the target price of 120 € is below the current price of 127.48 € for Okta Inc., so the potential is actually -5.87%.
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