Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
Okta beat estimates in the latest earnings report (Nov 30)Trading volume increased 600% in that day but has since settledShare value is up, though earnings are still negativeSector is down, overall, so Okta has an opportunity to make up some groundFor now, Okta still has a HOLD ratingAfter releasing an earnings report that beat analyst estimates, Okta Inc (NASDAQ:OKTA) share value shot up significantly. While not all the data was impressive, share volume still cranked up to 20.30 million—more than six times the OTKA average daily volume—to help boost the value from $53.32 on Wed, Nov 30, to $6...