OKTA Stock Recent News
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Identity management company Okta said on Thursday in a message to employees that it would lay off 400 employees, about 7% of the company's headcount.
The allure of undiscovered treasures persists in the cacophony of stock markets dominated by familiar names. The sentiment was echoed by three overlooked stocks harboring the potential for a spectacular surge.
Okta (OKTA) concluded the recent trading session at $84.51, signifying a -0.65% move from its prior day's close.
In the most recent trading session, Okta (OKTA) closed at $81.28, indicating a +0.07% shift from the previous trading day.
In the most recent trading session, Okta (OKTA) closed at $83.78, indicating a -0.2% shift from the previous trading day.
From a technical perspective, Okta, Inc. (OKTA) is looking like an interesting pick, as it just reached a key level of support. OKTA's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.
Cybersecurity is becoming an ever-increasing part of business worldwide.
As of 2023, the United States economy has successfully navigated challenges, managing to cool down inflation and avoid a recession. Policymakers have worked to achieve a “soft landing,” aiming to further slow inflation without triggering a downturn that could lead to mass layoffs.
Okta (OKTA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Okta, the identity and access management company, is acquiring security firm Spera.