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Oklo Is Down Over 75% From Its High. It's Still Not the Best Nuclear Stock to Buy.

Oklo remains a very risky way to play the nuclear power resurgence.

Oklo Is Down Over 75% From Its High. It's Still Not the Best Nuclear Stock to Buy.

Published July 29, 2026 · Category: Finance

Overview

Oklo (NYSE: OKLO) got off to a fast start. The small modular nuclear reactor (SMR) developer began trading on the New York Stock Exchange in May 2024 at around $10 per share and rocketed to nearly $175 per share by October 2025. Unfortunately, it has been all downhill from there. Shares currently sit more than 75% below their peak.

While I like a good bargain, I'm still not buying this nuclear energy stock. Here's why and the one I'm buying instead.

Image source: Getty Images.

Details

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Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.