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Why Snowflake, Okta, and Atlassian Stocks All Beat the Market In June

The first half of 2022 was one for the record books, with both the S&P 500 and Nasdaq Composite closing it out in bear market territory. With that as a backdrop, shares of Snowflake (NYSE: SNOW) and Okta (NASDAQ: OKTA) each gained 8.9% in June, while Atlassian (NASDAQ: TEAM) climbed 5.7%, bucking the flagging market. With the first half of 2022 over, market participants are beginning to take stock of their holdings, and the results are mostly abysmal.