Overview
- Oklo stock was down about 4.8% late Wednesday morning after closing lower on Monday and Tuesday following Friday’s jump.
- Shares spiked last week on news of a partnership with Meta Platforms that briefly returned the stock to early-December levels.
- No new company-specific disclosures have been reported to explain this week’s declines, according to the latest coverage.
- Ormat announced a 20-year power purchase agreement with data center operator Switch, with CEO Doron Blachar highlighting potential expansion of the relationship.
- Analysis suggests geothermal’s geographic limits constrain its broad applicability for data centers, while the article maintains the bull case for Oklo remains intact despite the pullback.