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Why Okta Stock Jumped This Week


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.

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Source Fool.com

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