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Why Okta Stock Got Crushed Friday

TheMotleyFool 
0 0 20.10.23
Why Okta Stock Got Crushed FridayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png
 

Shares of (NASDAQ: OKTA) slumped on Friday, losing as much as 13.9%. By the time the market closed, the stock was still down 11.64%.

The catalyst that sent the cybersecurity specialist lower was reports that a hacker had -- once again -- infiltrated its system.

In an alert posted on its website, Okta revealed that an unidentified hacker (or group of hackers) had gained access to files "certain Okta customers" had uploaded to the company's support system. 

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Source Fool.com

Okta Inc. Stock

€127.48
-5.120%
Okta Inc. took a tumble today and lost -€6.880 (-5.120%).
The stock is one of the favorites of our community with 87 Buy predictions and 3 Sell predictions.
However, we have a potential of -5.87% for Okta Inc. as the target price of 120 € is below the current price of 127.48 €.
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