Shares of Okta Inc. OKTA, +3.45% surged 6.5% in premarket trading Thursday, after the provider of identity management software for businesses said it would lay off about 300 employees as part of a cost-cutting plan.
https://www.marketwatch.com/story/okta-stock-jumps-toward-5-month-high-after-plan-to-lay-off-300-employees-01675345927