Company Overview - Oklo Inc. (NYSE:OKLO) is focused on developing advanced fission power plants aimed at delivering scalable clean energy and commercializing nuclear fuel recycling technology that converts waste into usable reactor fuel [2]. Stock Performance - The stock has experienced a significant rally, increasing by 518% year-to-date, reaching a high of 144 before closing at 131 [1]. - The recent surge was attributed to positive news regarding a $1.68 billion facility in Tennessee for recycling nuclear waste and fuel [1]. Market Sentiment - Despite the positive developments, the stock's inability to maintain momentum after the news is viewed as a concerning sign, indicated by the intraday reversal [1]. - The company currently has no revenues, which raises questions about its long-term viability despite the promising concept [1].

Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer offered insights on. Cramer highlighted that investors often fail to adjust when markets defy expectations, pointing toward the stock’s rally. He said: “See, people see things that ordinarily would signal that stocks are ready to peak, but then it doesn’t happen, and they don’t adjust their expectations. They double down on their negativity. So we watch Oklo up another 29% day, this is one that were up a hundred since I said just go buy it because the ...