Why Okta (OKTA) Dipped More Than Broader Market Today

The most recent trading session ended with Okta (OKTA) standing at $94, reflecting a -0.98% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.47%. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.51%.Shares of the cloud identity management company have appreciated by 20.47% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.19% and the S&P 500's gain of 1.67%.Investors will b ...