WW - Why Okta Shares Are Trading Higher By Around 24%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Okta, Inc. (NASDAQ: OKTA) shares rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued strong guidance.
Okta reported quarterly earnings of 63 cents per share which beat the analyst consensus estimate of 51 cents. Quarterly sales came in at $605 million which beat the analyst consensus estimate of $587.5 million, according to data from Benzinga Pro.
Okta shares jumped 23.6% to $107.90 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- Volcon, Inc. (NASDAQ: VLCN) gained 138% to $2.88 in pre-market trading after surging around 39% on Wednesday.
- Societal CDMO, Inc. (NASDAQ: SCTL) shares rose 134.7% to $1.08 in pre-market trading as the company agreed to be acquired by CoreRx, Inc.
- J-Long Group Limited (NASDAQ: JL) shares surged 38.1% to $17.67 in pre-market trading after dipping over 20% on Wednesday.
- Voyager Therapeutics, Inc. (NASDAQ: VYGR) gained 24.4% to $11.16 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.
- Nxu, Inc. (NASDAQ: NXU) ...