Why Oklo Stock Rocketed Almost 30% Higher Today

On news of a fresh contract signing with a branch of the U.S. military, investors piled into the stock of nuclear energy start-up Oklo (OKLO 29.48%) on Wednesday. That surge in interest blasted the stock higher by almost 30%, on a day when the S&P 500 index dipped by 0.3%.Going nuclearWednesday morning Oklo announced, no doubt with great pleasure, that it had received a notice of intent to award (NOITA) for a project in Alaska. The company was notified by the government's Defense Logistics Agency on behalf ...