Previous close | 325.00 |
Open | N/A |
Bid | 330.65 |
Ask | 335.50 |
Strike | 390.00 |
Expiry date | 2024-01-19 |
Day's range | 325.00 - 325.00 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Growth stocks have become more expensive this year as investors gained confidence that the U.S. economy will avoid a recession in the near future. The Nasdaq Composite, home to many of these high-flying investments, is up nearly 30% so far in 2023. Lululemon Athletica (NASDAQ: LULU) had a great run when consumers were eagerly spending in 2021 and 2022, and its momentum has continued into the post-pandemic period.
About a year ago, the U.S. security firm Palo Alto Networks began to hear from a flurry of companies that had been hacked in ways that weren't the norm for cybercriminals. Ransomware attacks are not new, but this group was extraordinarily skilled at social engineering and bypassing multi-factor authentication, said Wendi Whitmore, senior vice president for the security firm Palo Alto Networks' Unit 42 threat intelligence team, which has responded to several intrusions tied to the group.
Key Insights Given the large stake in the stock by institutions, Okta's stock price might be vulnerable to their...