Okta Rises 4.2% in Pre-Market Trading, Credits Performance to AI Developer Demand

Deep News
Aug 27

Okta Inc. (OKTA) shares gained 4.2% in pre-market trading on Wednesday Eastern time, following the identity and access management (IAM) solutions provider's quarterly earnings report and annual guidance that surpassed expectations. The company attributed its robust performance to heightened demand from enterprises developing artificial intelligence platforms.

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