Okta Plummets Despite Record Figures – Investors Fear Growth Slowdown

Figures exceed expectations – stock still falls by double digits Okta develops cloud-based solutions for the secure management of digital identities – both for employees and customers of businesses. The platform enables the control of access rights, enforcement of security policies, and integration of digital services. With its figures for the first quarter of 2026, Okta has convinced in many respects – yet the stock dropped by around 10% in after-hours trading. The company achieved an adjusted profit of $0.86 per share with a revenue of...