Largest Negative One-Day Changes for OKTA

How does OKTA usually behave after a large single-day down move in the stock price?

Using the 12 largest single-day down moves over the last 3 years in OKTA stock, the average move was -7.9% with the single largest daily move of -11.6% occurring on 20-Oct-2023. The following day, OKTA stock price averaged -0.7% losses, with up moves more frequent than down moves. The stock was up 58% of the time in that period one day after these significant moves. Earnings dates have been excluded from this analysis.

Catalysts

2 of the moves coincided with a company-issued press release.

1 Week After

The following week, OKTA stock price averaged +4.3% gains, with up moves more frequent than down moves across 12 observations. The stock was up 75% of the time in that period one week following these significant moves.

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Stock Price Performance - 12 Largest Negative One-Day Changes
		Before Event Date (Not Including Day of Selected Event)					Day of Event					After Event Date (Not Including Day of Selected Event)					Custom Range▾
Date	Note	2 Weeks	1 Week	3 Days	2 Days	1 Day	Day-Of Move	Opening Gap	% Open-to-High	% Open-to-Low	Drift Open-to-Close	1 Day	2 Days	3 Days	1 Week	2 Weeks	2 Days Before to 2 Days After
10-Apr-2026 [Stock -7.1%]							-7.1%
9-Apr-2026 [Stock -10.9%]							-10.9%
27-Mar-2026 [Stock -7.7%]	Large Market LossSPY had a large loss on the day of -1.7%						-7.7%
23-Feb-2026 [Stock -6.4%]	Headline Quant ratings on BUG's top holdings as cybersecurity stocks sell off (23-Feb-2026, 12:00 AM Seeking Alpha News)						-6.4%
20-Feb-2026 [Stock -9.2%]							-9.2%
3-Feb-2026 [Stock -6.6%]	Press Release Okta to Announce Fourth Quarter and Fiscal Year 2026 Financial Results on March 4, 2026 (2-Feb-2026, 8:00 AM Business Wire)						-6.6%
4-Apr-2025 [Stock -8.3%]	Large Market LossSPY had a large loss on the day of -5.9%						-8.3%
10-Mar-2025 [Stock -6.4%]	Large Market LossSPY had a large loss on the day of -2.7%						-6.4%
20-Feb-2024 [Stock -5.9%]							-5.9%
25-Oct-2023 [Stock -6.2%]							-6.2%
23-Oct-2023 [Stock -8.1%]	Press Release Okta, Inc.: Company Investigated by the Portnoy Law Firm (23-Oct-2023, 3:59 PM Globe Newswire)						-8.1%
20-Oct-2023 [Stock -11.6%]							-11.6%
Simple Average Returns - 12 Largest Negative One-Day Changes
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Median, Minimum, and Maximum Returns - 12 Largest Negative One-Day Changes
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