Okta finishes up 38% in stock market debut

 Okta, the identity management software company, went public on the Nasdaq today, continuing a wave of tech IPOs. After pricing its IPO at $17, Okta raised $187 million by selling 11 million shares in the offering. And the company was greeted with strong investor reception, closing up 38% at $23.51 on Friday. While it’s a good omen for its performance in the stock market, it also means… Read More

from https://techcrunch.com/2017/04/07/okta-finishes-up-38-in-stock-market-debut/?ncid=rss