Okta Reveals $1 Billion Plan to Buy Back Shares
San Francisco, January 5, 2026 Octa Co., Ltd. (NASDAQ: OKTA), recognized as a key player in the independent identity sector, has revealed that its board of directors has greenlighted a stock repurchase initiative allowing for the purchase of up to $1 billion of Class A common stock, effective immediately. This step underscores Okta’s belief in […]
Stocks with the largest after-hours changes: MongoDB, Okta, PVH, and others
After-Hours Trading Highlights Several companies have made notable moves in after-hours trading recently: Mongodb – The data platform company surpassed Wall Street expectations, with its stock increasing by over 21%. Mongodb reported adjusted earnings of one dollar per share and a revenue of $591 million. This was better than the anticipated 66 cents per share […]
Jim Cramer's Thursday rapid fire: Snowflake, Best Buy, Paramount, Okta and Celsius – CNBC
Jim Cramer provides daily rapid-fire analysis of stocks featured in non-portfolio news on CNBC Investing Club. Snowflake: Weak guidance and CEO Frank Slotman’s retirement announcement sent the stock down nearly 20%. Jim Cramer said Thursday that he is a big fan of Mr. Slottman and that the CEO’s planned departure is a blow to the […]
Stocks making the biggest moves premarket: SNOW, CRM, AI, OKTA – CNBC
Check out the companies making headlines before the bell. Snowflake — This cloud data company sank after releasing disappointing product revenue guidance in the first quarter and announcing that CEO Frank Slootman would be stepping down. Snowflake said it expects product sales for the current period to be in the range of $745 million to […]
Stocks making the biggest moves after hours: CRM, SNOW, OKTA, DUOL – CNBC
Check out the companies making headlines after the bell. Salesforce — Salesforce fell 4% after reporting weaker-than-expected fiscal year guidance. In the fourth quarter, the software company beat Wall Street’s fourth-quarter estimates in revenue and bottom line. The software giant increased its share buybacks by $10 billion and began paying a dividend of 40 cents […]
Okta says it will slash 400 jobs
The ‘Making Money’ host reacts to the cautious market ahead of the release of the December jobs report. Okta will cut 7% of its workforce as part of its restructuring. The layoffs announced Thursday will result in approximately 400 Okta employees losing their jobs, according to a filing with the Securities and Exchange Commission. In […]