Overview
- Shares were down 1.79% at $133.61 Monday afternoon with no company-specific developments, according to Benzinga Pro.
- Last Wednesday’s slide followed a Financial Times report that challenged Oklo’s valuation near $17 billion, its pre-revenue status, and its reliance on difficult reactor technology.
- The stock rebounded over the next two sessions and finished the week higher, with market capitalization above $20 billion as of Friday’s close.
- Recent enthusiasm has been tied to potential AI-power demand, a partnership with developer newcleo, and a Pentagon microreactor deployment project.
- Oklo is up more than 500% year to date and carries a high-volatility profile, with a Benzinga Edge Momentum score reported at 99.38.