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Why Okta Stock Popped Today

TheMotleyFool

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Shares of Okta (NASDAQ: OKTA) were climbing today after the identity-for-the-cloud specialist delivered another strong earnings report last night. Okta, which provides software tools to allow for seamless and secure sign-in and login management for employees and customers, beat estimates on both the top and bottom lines, and put up impressive growth in other key metrics.

As of 11:27 a.m. EST, the stock was up 8.9%, and the stock had touched an all-time high earlier in the day.

Image source: Okta.

Source Fool.com

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