Comment on Earnings Results: Okta to buy competitor Auth0 for $6.5 billion, stock drops as earnings outlook comes up short

Earnings Results: Okta to buy competitor Auth0 for $6.5 billion, stock drops as earnings outlook comes up short

Okta Inc. shares dropped in the extended session Wednesday after the identity-management services company's bottom-line outlook fell well short of Wall Street expectations and as company announced a big acquisition.

 

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