Strength Seen in Okta (OKTA): Can Its 7.4% Jump Turn into More Strength?

Okta (OKTA) shares soared 7.4% in the last trading session to close at $112.54. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.4% loss over the past four weeks.Okta is benefiting from strong demand for its identity security solutions, driven by product innovation, and growing customer adoption of new offerings like Okta Identity Governance.This cloud identity management company is expected to post quarterly earnings of$ 0.77 p ...