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via finance.yahoo.comMarkets

Okta joins the S&P 500, replacing its slot in the S&P 400

FROM THE WIRE · FINANCE.YAHOO.COM

Okta (NasdaqGS: OKTA) has been added to the S&P 500 index, replacing its previous slot in the S&P 400 mid-cap index. The identity management provider is also joining related S&P 500 sector and industry sub-indices tied to its classification. This index reshuffle affects funds…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishInclusion in the S&P 500 forces index funds and ETFs to adjust their Okta holdings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Okta has been added to the S&P 500 index.
  2. 02Okta replaces its previous slot in the S&P 400 mid-cap index.
  3. 03The company is also joining related S&P 500 sector and industry sub-indices.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Okta, Inc.OKTAStock189.68 USDMarket closedtoday +2.60%Positive S&P 500INDEX:SP500Index7,568.92Market closedtoday +0.36%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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