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Ark Invest buys nuclear-related stocks including X-Energy and Oklo

The Motley Fool +1 ·

SMR
SMR NuScale Power Corp
$5.38 0.00%
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  1. 1Ark Invest funds invested a total of 5.1 million dollars in X-Energy based on Tuesday's average price of 10.48 dollars between the high and low.
  2. 2Ark Autonomous Tech & Robotics ETF purchased 150,998 shares of Oklo on Tuesday, valued at approximately 4.1 million dollars.
  3. 3X-Energy and Oklo represent a high level of risk as they have not yet begun commercial operation of small modular reactors (SMR).

So what's the key point?

Ark Invest purchased shares in X-Energy and Oklo, which are companies related to nuclear energy. These investments may carry risk because the companies have not yet started commercial reactor operations.

Source The Motley Fool +1 · View original ↗

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