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2 Reasons to Buy Okta and 1 Reason to Sell

2 Reasons to Buy Okta and 1 Reason to Sell

Wall Street was thrilled with the latest operating update from Okta (NASDAQ: OKTA). The cybersecurity specialist beat growth expectations despite weakening IT spending in many markets. Cost cuts are helping push Okta back toward profitability and at a much faster pace, too.