Why Oklo Stock Keeps Going Down
Nuclear momentum seems to be shifting to prefer big nuclear reactors instead of small ones.
Why Oklo Stock Keeps Going Down
Overview
Oklo (NYSE: OKLO) stock fell for a third straight day on Wednesday, losing 5% through 11:15 a.m. ET, as investors begin to question the popularity of the small modular nuclear reactors that Oklo (and other SMR companies) have been touting.
Image source: Getty Images.
The Trump Administration remains very bullish on nuclear power and committed to helping build a nuclear renaissance in the U.S. -- that's the good news. The bad news is that, financially speaking, much of the administration's support is being thrown behind big nuclear reactors.
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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.
