Why Okta Stock Soared 74% in the First Half of 2020

Why Okta Stock Soared 74% in the First Half of 2020

Okta (NASDAQ: OKTA) stock gained 73.6% in the first half of 2020, according to data from S&P Global Market Intelligence. In 2020, shares of Okta, which held its initial public offering (IPO) in April 2017, are up 91%. On May 28, Okta released its fiscal Q1 results for the period ended April 30.