In the latest trading session, Okta (OKTA) closed at $104.07, marking a -0.4% move from the previous day.
A combination of solid earnings and investor optimism has many of the year's losers seeing some gains.
The major market indexes were decidedly higher, which no doubt provided tailwinds for the identity verification and cybersecurity specialist. Ping Identity Holding (NYSE: PING) revealed today that it was being acquired by technology-centric private equity firm Thoma Bravo. The acquisition will be an all-cash deal that values Ping Identity at $2.8 billion.