Why Okta Stock Was Soaring Today
The Motley Fool
AUGUST 31, 2023
What happened 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%. So what In a challenging environment for software stocks , Okta posted impressive results as management said the macro environment was stabilizing.