Shares of Okta (NASDAQ: OKTA), the identity-for-the-cloud specialist, were moving higher today after the company posted strong results in its second-quarter earnings report.

As of 10:52 a.m. ET, the stock was up 12.6%.

In a challenging environment for software stocks, Okta posted impressive results as management said the macro environment was stabilizing.

Continue reading

Source Fool.com