Okta shares drop on weak bottom-line outlook

Singapore News News

Okta shares drop on weak bottom-line outlook
Singapore Latest News,Singapore Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Okta Inc. OKTA, +1.54% shares dropped in the extended session Thursday after the identity-management company's bottom-line outlook fell well short of Wall Street estimates.

Okta Inc. OKTA, +1.54% shares dropped in the extended session Thursday after the identity-management company's bottom-line outlook fell well short of Wall Street estimates. Okta shares dropped 10% after hours, following a 1.5% rise to close the regular session at $81.21.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shares of UK retailer Debenhams drop after it withdraws full-year outlookShares of UK retailer Debenhams drop after it withdraws full-year outlookShares of Debenhams Plc fell about 12 percent on Tuesday, after the department store chain withdrew its previous full-year outlook, saying talks with stakeholders to restructure its balance sheet would likely be disruptive.
Read more »

Oil falls on weak demand growth outlook; OPEC-led cuts supportOil falls on weak demand growth outlook; OPEC-led cuts supportOil prices fell on Tuesday as markets eyed only modest prospects for growth in f...
Read more »

In scathing ruling, judge rips insurer for putting 'bottom line' over patients' healthIn scathing ruling, judge rips insurer for putting 'bottom line' over patients' healthIn a scathing decision, a federal judge blasted a subsidiary of the nation's largest insurance company for focusing on the 'bottom line as much or more' than patients' health, saying the insurer illegally denied treatment to thousands of people. The judge also slammed the company's medical directors for being 'deceptive' under oath.
Read more »

William Hill 2019 outlook in line as U.S. expansion ramps upWilliam Hill 2019 outlook in line as U.S. expansion ramps upBritish bookmaker William Hill Plc said on Friday that 2019 results would be in ...
Read more »

Kroger earnings outlook disappoints, shares slide 10 percentKroger earnings outlook disappoints, shares slide 10 percentKroger Co projected annual earnings below Wall Street forecasts on Thursday, as ...
Read more »

General Electric CEO forecasts cash outflow; shares, bonds dropGeneral Electric CEO forecasts cash outflow; shares, bonds dropGeneral Electric Co's chief executive surprised investors on Tuesday by for...
Read more »

GE's CEO warns of negative industrial cash flow in 2019, shares dropGE's CEO warns of negative industrial cash flow in 2019, shares dropGeneral Electric Co's chief executive surprised investors on Tuesday by for...
Read more »

Tesla shares down after surprise Model 3 price drop, store cutsTesla shares down after surprise Model 3 price drop, store cutsWall Street reacted nervously on Friday to Tesla Inc's move to shut its net...
Read more »

General Electric shares plummet—Jim Cramer and other experts react to the dropGeneral Electric shares plummet—Jim Cramer and other experts react to the dropGeneral Electric shares are sinking on a scathing note from a top analyst and concerns around cash flow. CNBC's Jim Cramer, a GE analyst and an investment expert react.
Read more »



Render Time: 2025-03-21 04:43:53