Why Oklo Stock Is Soaring This Week
Shares of Oklo (OKLO -0.54%) are flying this week. Since trading halted last Friday, the nuclear power start-up's stock has surged 28.2% as of 2:33 p.m. ET. The impressive jump comes as the S&P 500 and Nasdaq-100 both had monster weeks, rising 4.3% and 6.2%, respectively.The company, which develops small modular reactors (SMRs), released better-than-expected first-quarter results this week as well as announcing it had hired a new key executive.Q1 results beat targetsOklo reported a Q1 2025 loss of $0.07 per ...