Okta rises after hours on S&P 500 inclusion, replacing Kenvue
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Okta Inc (NASDAQ:OKTA) shares climbed 2.1% in extended trading Friday after S&P Dow Jones Indices selected the identity and access management provider to join the benchmark S&P 500 index. The after-hours rebound helped the cybersecurity firm pare steep…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishInclusion in the S&P 500 can create passive demand for Okta when trading resumes.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Okta shares climbed 2.1% in extended trading after selection for the S&P 500.
- 02The stock had dropped more than 6% in the regular session amid a broad tech selloff.
- 03Okta will replace Kenvue before the opening bell on Wednesday, November 4.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets