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Why Okta Stock Was Soaring Today

TheMotleyFool 
0 0 31.08.23
Why Okta Stock Was Soaring TodayPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Art Wolfe: https://img.theapi.app/temp/12e2798a-1095-4653-8f49-2a7aee633b4e.png
 

Shares of Okta (NASDAQ: OKTA), the identity-for-the-cloud specialist, were moving higher today after the company posted strong results in its second-quarter earnings report.

As of 10:52 a.m. ET, the stock was up 12.6%.

In a challenging environment for software stocks, Okta posted impressive results as management said the macro environment was stabilizing.

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Source Fool.com

Okta Inc. Stock

€128.26
2.490%
There is an upward development for Okta Inc. compared to yesterday, with an increase of €3.10 (2.490%).
With 85 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 128.26 € for Okta Inc., so the potential is actually -6.44%.
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