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Why Okta Stock Plunged Today

TheMotleyFool 
0 0 29.08.24
Why Okta Stock Plunged TodayPhoto, wide shot, wide-angle lens, Cloud computing provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/893880f6-c6d9-4518-b1a0-f0be05207ac4.png
 

Shares of Okta (NASDAQ: OKTA), the cloud-based identity software company, were taking a dive after the company reported third-quarter numbers that beat headline estimates, but its guidance missed the mark in some key metrics.

As a result, the stock was down 16.1% as of 11:32 a.m. ET on the news.

Image source: Getty Images.

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Source Fool.com

Okta Inc. Stock

€135.56
0.880%
Okta Inc. gained 0.880% compared to yesterday.
The stock is one of the favorites of our community with 86 Buy predictions and 3 Sell predictions.
However, we have a potential of -9.27% for Okta Inc. as the target price of 123 € is below the current price of 135.56 €.
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