Why Okta Stock Barreled Higher Tuesday Morning
Shares of (NASDAQ: OKTA) charged out of the gate Tuesday, gaining as much as 8.9%. As of 2:13 p.m. ET, the stock was still up 8.2%.
The catalyst that sent the cybersecurity specialist higher was word that its stock would be added to a premier index early next month.
In a press release that dropped after the market close yesterday, S Global announced that Okta would be added to the S MidCap 400 index prior to the start of trading on Thursday, May 1. The stock will be replacing Berry Global Group.
Source Fool.com
Okta Inc. Stock
€78.15
-0.330%
The stock is one of the favorites of our community with 66 Buy predictions and 3 Sell predictions.
As a result the target price of 114 € shows a positive potential of 45.87% compared to the current price of 78.15 € for Okta Inc..
