Why Oklo Stock Slumped 6.3% Today

A massive capital raise is coming.Shares of Oklo (OKLO 6.25%) fell today, finishing down 6.3%. The decline came as the S&P 500 and Nasdaq Composite rose 0.1% and 0.3%, respectively.Oklo, a nuclear energy company developing small modular reactors, saw its stock drop sharply today after a regulatory filing revealed the company is seeking to raise up to $1.5 billion in an at-the-market (ATM) offering.Oklo announces $1.5 billion at-the-market stock offeringNYSE : OKLOOkloToday's Change( -6.25 %) $ -6.98Current ...