Corporate$OKTA6:21 AM ET

Okta to join S&P 500, replacing Kenvue

By BORSA NewsroomPublished Nov 2, 2026, 6:21 AM ESTUpdated Nov 2, 2026, 6:22 AM EST

Okta will replace Kenvue in the S&P 500 before trading Nov. 4. Index funds tracking the benchmark will need to buy Okta shares, creating a new source of demand.

Sentimentbullish 70

Bullish · 70 of 100

Impact60

medium · sector-wide

Confidence90%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Okta will replace Kenvue in the S&P 500 before Nov. 4.
Okta shares rose 3% premarket to $214.51.
Okta is moving up from the S&P MidCap 400.