Computer Services

Okta stock falls as CEO says 'short-term challenges' lead to workers leaving at a higher rate

Okta stock falls as CEO says ‘short-term challenges’ lead to workers leaving at a higher rate

Shares of Okta Inc. fell. In extended trading Wednesday after executives revealed that the software company is facing problems stemming from the integration of its $6.5 billion acquisition of Auth0. octa octa, + 0.26% Executives raised their annual earnings forecast again on Wednesday, but kept their full-year revenue target the same. “There are some short-term …

Okta stock falls as CEO says ‘short-term challenges’ lead to workers leaving at a higher rate Read More »

Okta stock falls as CEO says 'short-term challenges' lead to workers leaving at a higher rate

Okta stock falls as CEO says ‘short-term challenges’ lead to workers leaving at a higher rate

Shares of Okta Inc. fell. In extended trading Wednesday after executives revealed that the software company is facing problems stemming from the integration of its $6.5 billion acquisition of Auth0. octa octa, + 0.26% Executives raised their annual earnings forecast again on Wednesday, but kept their full-year revenue target the same. “There are some short-term …

Okta stock falls as CEO says ‘short-term challenges’ lead to workers leaving at a higher rate Read More »

Here are the worst (and best) performing stocks of August and for 2022

Here are the worst (and best) performing stocks of August and for 2022

After a strong showing in July, when stock indexes rebounded from their 2022 lows of June, U.S. equities abruptly reversed course in August. Here’s the damage: Index Price change – July 29 through Aug. 30 Price change – 2022 through Aug. 30 Price change – 2021 S&P 500 SPX, +0.04% -3.5% -16.4% 26.9% Dow Jones …

Here are the worst (and best) performing stocks of August and for 2022 Read More »