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Oklo Shares Rebound After Multi-Day Slide as Investors Eye Nov. 11 Results

The bounce follows a selloff driven by dilution concerns from a $3.5 billion shelf registration, with investors questioning a pre-revenue valuation.

Overview

  • Oklo shares traded higher Wednesday after declines earlier in the week as investors reassessed risks tied to a pre-revenue valuation.
  • The company said it will release third-quarter results after the market closes on Nov. 11, followed by an investor call.
  • Sell-side consensus points to a third-quarter loss of about $0.13 per share.
  • A recent Form S-3 shelf registration enables up to $3.5 billion in securities sales, drawing focus to potential dilution.
  • Oklo announced a partnership with Newcleo and Blykalla to develop U.S. fuel and manufacturing infrastructure, with Newcleo expected to invest up to $2 billion.