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Oklo Stock: Buy, Sell, or Hold?
OKLOOklo(OKLO) The Motley Fool·2025-01-27 10:15

This little microreactor company still has a lot to prove.Oklo (OKLO 7.84%), a nuclear power start-up backed by OpenAI CEO Sam Altman, went public by merging with a special purpose acquisition company (SPAC) on May 10, 2024. The stock opened at 15.50onitsfirstdaybuteventuallyplungedandclosedat15.50 on its first day but eventually plunged and closed at 8.45.Oklo's stock eventually sank to an all-time low of 5.59onSept.3,butitsubsequentlysoaredtoabout5.59 on Sept. 3, but it subsequently soared to about 42 as of this writing. That massive rally would have turned a $10,000 investment into more tha ...