Why Okta Stock Bounced Back on Monday

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.

Continue reading

Source Fool.com