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Oklo (NYSE: OKLO) isn't a household name by any stretch, but the nuclear stock was popping up on investors' radars last month as it soared on related sector news. Oklo is a development-stage ...
One company looking to lead the way with its next-generation nuclear technology is Oklo (NYSE: OKLO). According to data provided by S&P Global Market Intelligence, the company surged 101% higher ...
Stocks of other firms making similar tech to Oklo’s, such as NuScale and NANO Nuclear Energy (), also surged following news of Google's and Amazon's investments on Oct. 14 and Oct. 16 ...
Oklo and Nano were up as much as 10.1% and 11.5%, respectively, before retreating, and are up 9.3% and 5.7% as of the time of writing. ... Wake up with Breakfast news in your inbox every market day.
On the bright side, Oklo won't go bankrupt anytime soon, since it ended its latest quarter with $288.5 million in cash and equivalents with a low debt-to-equity ratio of 0.1.
Oklo Inc. is an advanced nuclear technology company based in Santa Clara, California. [ 1 ] [ 2 ] Founded in 2013 by Jacob DeWitte and Caroline Cochran, both graduates of the Massachusetts Institute of Technology (MIT) , the company designs compact fast reactors with the aim of providing clean, safe, and affordable energy.
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Constellation Energy stock fell 12.5% Monday amid a broader decline in nuclear power stocks following the US government's rejection of another Big Tech nuclear power agreement late Friday.The ...