Okta (OKTA) Stock Slides as Market Rises: Facts to Know Before You Trade

Okta (OKTA) ended the recent trading session at $101.38, demonstrating a -1.22% swing from the preceding day's closing price. This change lagged the S&P 500's 0.25% gain on the day. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.23%. Coming into today, shares of the cloud identity management company had gained 10.07% in the past month. In that same time, the Computer and Technology sector gained 11.73%, while the S&P 500 gained 7.08%. The investment c ...