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> Okta will issue shares to Auth0 shareholders at share price of $276.21, close to 20% less than the current share price (at the time of writing). The screensh
by arawde 6y ago
> Okta will issue shares to Auth0 shareholders at share price of $276.21, close to 20% less than the current share price (at the time of writing).
The screenshot immediately under this statement shows an Okta share price of $226. Am I misunderstanding something?
- coreyja 6y ago$276.21 - 20% = $220.968 So not far off from $226 $226 / $276.21 = 81.8% So its 18.2% to be exact Edit: Realized the quote/article says 20% LOWER. Which is backwards, and is likely what my parent comment is pointing out
- deleted 6y ago[deleted]
- kweinber 6y agoThe deal had to be done at a certain time, which froze the value of the shares at the price. The shares were probably reserved for this purpose at that time.
- deleted 6y ago[deleted]
- jiveturkey 6y agoThe screenshot did not properly show the price "at the time of writing". sloppy, that's all.
- advaitruia 6y agoThe chart didnt cover after hour pricing unfortunately (which is what was being referenced). Note taken though, will keep it in mind!