Oklo Just Hit a 70-Week Low. Here's My Investing Reaction.
SMR stocks have struggled in 2026.
Overview
Oklo (NYSE: OKLO) shares just hit a 70-week low after the company announced a $1 billion stock offering. The need to raise more capital is nothing new for the nuclear stock. As I recently outlined, the company has sold more shares nearly every quarter since 2023.
Despite recent weakness in the share price, Oklo's upside potential remains attractive. The company is a leading developer of small modular reactors, or SMRs. These miniature nuclear power plants are perfect for the AI industry, which needs more clean power as quickly as possible.
Details
Before you jump in, there's one catalyst you may want to wait for.
Source
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.