Okta is trading 4.12% up at $173.09 after investors continued repricing the stock following its August 26 earnings beat and raised full-year revenue outlook.
- The report highlighted accelerating demand for identity security as companies deploy AI agents.
- Strong bookings and enterprise execution supported the bullish response.
- No clearly reported fresh company announcement appeared on August 31; the gain appears tied to continued cybersecurity-sector momentum and earnings-related follow-through, despite broader U.S. indexes trading lower.