Cathie Wood Just Ditched Oklo Stock. Should You?

OpenAI’s spending spree continues unabated, and many have already witnessed share price surges across the power sector. One of the biggest winners of this trend has been Oklo (OKLO), whose shares are up over 550% this year alone. In the last few days, Cathie Wood’s ARK Autonomous Tech ETF (ARKQ) sold 53,353 shares of the company’s stock, and this has spooked some investors. The stock price has lost more than one-fifth of its value in a matter of two weeks, which shows how fragile the company is. As exciti ...