Stocks

“Oklo Just Dropped 28% in a Month. Is It Time to Abandon Nuclear Stocks Like OKLO, NuScale, and Uranium Energy Corp.?”

“OKLO has shed 28% over the past month and 42% year to date, while fellow pre-revenue SMR developer NuScale has dropped 23% alongside it.

Profitable nuclear utilities CEG and VST have largely avoided the carnage, with Constellation down just 2% and Vistra up 5% over the same stretch.

Oklo holds $275 million in cash but targets first commercial power in 2027, with analyst consensus at $87 versus a roughly $41 stock price…”

https://finance.yahoo.com/markets/stocks/articles/oklo-just-dropped-28-month-193823357.html

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