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Why Okta Stock Bounced Back on Monday

TheMotleyFool

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Shares of cloud-based cybersecurity company Okta (NASDAQ: OKTA) snapped a five-day losing streak on Monday, shooting up 8.3% through 3:10 p.m. ET.

The reason: Okta filed an official update on its findings about the well-publicized hack of its systems that was revealed last week -- and according to Okta, it's just not that big of a deal.

Source Fool.com

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