Why Okta Stock Was Sliding Again Today

Jeremy Bowman, The Motley Fool
·2-min read
Why Okta Stock Was Sliding Again Today

Shares of Okta (NASDAQ: OKTA) were slipping for the second straight day following its fourth-quarter earnings report Wednesday night. As of 12:03 p.m. EST, Okta stock was down 9.6%. There was no major news out on Okta, though a number of analysts weighed in on the stock since the earnings report, with many lowering their price targets following the sell-off and the disappointing earnings guidance.