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Oklo shares fall over 60% this year despite technical milestone

The Motley Fool +1 ·

OKLO
OKLO Oklo Inc
$26.35 -2.44%
View chart & analysis →
NLR NLR -0.51%
  1. 1Oklo shares have fallen more than 60% this year.
  2. 2VanEck's VanEck Uranium and Nuclear ETF (NLR) recorded a 25% decline in value.
  3. 3Oklo is operating an unprofitable business while consuming cash to commercialize reactors.

So what's the key point?

Oklo achieved technical milestones, but its stock price has dropped more than 60% this year. The company is currently unprofitable as it continues to spend money to build reactors.

Source The Motley Fool +1 · View original ↗

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