Oklo's big deal boosts nuclear energy’s momentum, but is it enough to make the nuclear energy stock a buy now?
Despite management’s claims of potential deals, market commentator Herb Greenberg pointed out that none had been finalized, leaving Oklo with no revenue and cash flow, alongside widening losses.
With Jim Cramer recently calling Oklo “mega too early” to buy, should investors steer clear or bet big on this high-risk nuclear disruptor?
Shares of Oklo (NYSE: OKLO) are tumbling on Tuesday. The nuclear energy start-up's stock lost 7.4% as of 1:45 p.m. ET and was down as much as 10.7% earlier in the day. The drop comes as the S&P 500 (SNPINDEX:...
Oklo's pipeline growth failed to inspire the market, leaving the stock price to wallow at long-term lows and in value territory.
Oklo signed several power agreements during the quarter, including a 12-gigawatt deal with data center provider Switch. According to the company, this brings total confirmed customer interest to 14 gigawatts....
U.S. stocks have recently come under pressure following President Trump's pivot toward more protectionist economic policies. However, seasoned long-term investors recognize that these sharp market pullbacks...
Oklo signed multiple major agreements during Q4, including investments in developing its fast-fission power plants.
Oklo has signed an Interface Agreement (IAG) with INL, which will allow the company to begin initial site work on its Aurora nuclear powerhouse in Idaho.
Traditional nuclear power providers also registered gains on the news. Constellation Energy Corporation shares climbed nearly 5%, while Vistra’s stock jumped more than 10%.