Industry Overview - The American nuclear industry gained significant attention this week, leading to a more than 5% increase in Oklo's stock price [1] - President Trump signed an executive order aimed at supporting the nuclear industry, which includes measures for testing reactors and constructing nuclear power facilities on public land [2][4] Company Developments - Oklo signed a memorandum of understanding for a project in Asia, collaborating with Korea Hydro & Power to develop an Oklo facility in Idaho and cooperate on early-stage projects [5] - Industry analyst Jed Dorsheimer from William Blair initiated coverage on Oklo and other nuclear stocks, labeling them as buys, with a particular focus on Oklo's vertically integrated business model [6]
Why Oklo Stock Bumped Higher This Week