Okta is trading 4.03% down now at $166.07 as broader risk-off pressure weighs on growth-oriented technology stocks.
- The Nasdaq Composite is down 0.67%, while geopolitical tensions, higher oil prices, rising Treasury yields, and uncertainty ahead of U.S. labor and manufacturing data pressured equities.
- The decline follows Okta’s sharp post-earnings repricing after its August 26 beat and raised fiscal-year outlook, including revenue guidance above consensus.