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Benzinga

Business

Craig Jones

INSANE: More losses ahead for okta shares after hack warning - The Real Truth

Okta Nasdaq Okta Inc Mike Khouw

Shares of Okta Inc (NASDAQ:OKTA) tanked after the identity and access management company Wednesday warned of a security breach that could potentially affect hundreds of its customers and thus millions of people.

The stock lost almost 11% on Wednesday and close to 3% on Thursday and could continue to decline during Friday’s premarket trading.

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