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April 7, 2017 09:26 pm GMT
Okta, the identity management software company, went public on the Nasdaq today,continuing a wave of tech IPOs. After pricing its IPO at $17, Oktaraised $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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NLqG0yy6nwI/
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, Oktaraised $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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/NLqG0yy6nwI/
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