Comment on Okta drops after company gives weak guidance and announces $6.5 billion Auth0 acquisition

Okta drops after company gives weak guidance and announces $6.5 billion Auth0 acquisition

Okta cofounders Frederic Kerrest and CEO Todd McKinnon (top L to R) on a video call signing the agreement to acquire Auth0 for $6.5 billion with its cofounders CEO Eugenio Pace and Matias Woloski (bottom L to R) Okta Okta fell by nearly 10% Thursday as the ID-authentication software company's outlook missed Wall Street's view.

 

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