Why Okta Stock Rose 10% in July

Shares of Okta (NASDAQ: OKTA) outperformed the market last month, rising 10% compared to a 5.5% rally in the S&P 500, according to data provided by S&P Global Market Intelligence.

The boost added to solid results for shareholders so far this year, with the digital identity management specialist's stock up nearly 100% through early August.

Image source: Getty Images.

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Source Fool.com