Okta Delivers a Surprising Surge in Growth

Okta's (NASDAQ: OKTA)shares rose 31% in the three months after its fourth-quarter earnings report, and optimism continued to build coming into its fiscal first-quarter 2019 report on Wednesday. The niche start-up that calls itself "the leading independent provider of identity for the enterprise" did not disappoint, easily beating its own guidance, and demonstrating that it has been executing on a number of its strategic goals.