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Why Okta Stock Popped Today

TheMotleyFool

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Why Okta Stock Popped Today: https://g.foolcdn.com/editorial/images/723177/cloud-computing-data-storage.jpg

Shares of Okta (NASDAQ: OKTA), the cloud-based identity software company, were moving higher today after the company posted a strong fourth-quarter earnings report, easily beating estimates on the top and bottom lines.

As of 2:57 p.m. EST, the stock was up 12.8%.

Revenue in the quarter rose 33% to $510 million, topping expectations at $489.3 million.

Source Fool.com

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