Oklo (OKLO) Falls 9% After ‘Sell’ Reco

Core Viewpoint - Oklo Inc. (NYSE:OKLO) has seen a significant drop in share prices following a "sell" recommendation from analyst Jim Cramer, indicating a lack of confidence in the company's future performance [1][2][3]. Group 1: Stock Performance - Oklo's share price fell by 9.06% on Wednesday, closing at $75.94 per share, as investors reacted to the negative analyst recommendation [1]. - Cramer advised selling Oklo and expressed skepticism about the future of nuclear energy in the U.S., stating that the anticipated nuclear revolution is unlikely to occur [2][3]. Group 2: Company Developments - Oklo announced progress on its planned fuel fabrication facility at the Idaho National Laboratory, having received a Preliminary Documented Safety Analysis (PDSA) [4]. - The PDSA is the second of three safety-basis documents required for the facility's authorization, with the final Documented Safety Analysis (DSA) to be submitted during construction and updated upon completion [5].