Why Did Oklo Stock Fall 16.2% This Week?

Key Points Bullish sentiment that has been fuelling the meteoric rise of Oklo's stock waned this week. With no revenue to show for it, the company's more than $20 billion valuation is making investors nervous. 10 stocks we like better than Oklo › Shares of Oklo (NYSE: OKLO) fell this week, down 16.2% as of 3:16 p.m. ET on Friday. The move comes as the S&P 500 gained 2.1% and the Nasdaq-100 gained 2.4%. After months of positive sentiment driven by projected power demand from artificial intelligence ...