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Oklo Shares Leap 14% to $120 on Policy Momentum

Traders cited a new U.S.–U.K. advanced nuclear initiative as a catalyst for fresh interest.

Overview

  • Oklo traded up 14.49% to $120.20 on Friday, extending a multi-week surge, according to Benzinga Pro data.
  • Benzinga linked the latest gains to the Atlantic Partnership for Advanced Nuclear Energy, a U.S.–U.K. effort to speed deployment of next‑generation reactors.
  • Recent company news highlighted by investors includes a planned $1.68 billion advanced fuel recycling facility in Tennessee.
  • Oklo has been selected for three DOE Reactor Pilot Program projects and announced collaborations with Lightbridge and ABB.
  • A Yahoo Finance analysis questioned how much the U.S.–U.K. plan directly benefits Oklo at this stage and argued profitability is likely years away.