Okta’s stock jumps more than 14% as earnings forecast doubles expectations

Okta Inc. shares rallied in the extended session Wednesday after the identity-management software company topped estimates by a wide margin, and executives predicted adjusted earnings that were more than double what Wall Street had expected.

Okta’s stock OKTA rallied more than 14% in after-hours trades, following a 0.2% rise to close the regular session at $71.44.

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Source: https://www.marketwatch.com/story/okta-stock-jumps-9-as-earnings-forecast-more-than-doubles-expectations-52eaac7e?siteid=yhoof2&yptr=yahoo