Okta is trading 4.2% lower at $203.01 after Wednesday’s hot U.S. inflation report renewed rate-hike concerns and pressured technology shares. - Reuters reported the inflation and rates shock reignited the AI-stock selloff, with broad declines across technology and related companies. - The move follows a 6.45% decline in the provided October 14 price data. Available reporting surfaced no clear Okta-specific overnight catalyst; pressure appears tied mainly to broader market and technology sentiment, rather than a company announcement.