Trump Nuclear Executive Orders Send Oklo, S&P 500 Giants
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Oklo Inc. (NYSE: OKLO) shares are trading higher Friday as part of a broad rally in uranium and nuclear-related stocks.
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We recently published a list of 10 Stocks That Stole the Show Today. In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other stocks that stole the show today.
Investors interested in OKLO stock should wait for a better entry point, considering its premium valuation and declining earnings estimates.
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24/7 Wall St. on MSNOklo Inc. (NYSE: OKLO) Earnings Live: What You Need to FollowLive Updates Live Coverage Has Ended Controlled cash burn 4:52 pm Q1 cash burn was $12.2M, consistent with full-year forecast of $65–80M. Cash and marketable securities ended at $260.7M.There’s no sign of capital pressure,
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Oklo aims to revolutionize nuclear energy with small, scalable reactors, but has consistently delayed its deployment timelines. Read why OKLO stock is a Buy.
Shares of Oklo soared by double digits for the second day in a row Wednesday after the nuclear technology company announced “a significant step forward” in the construction of its first nuclear power plant.
Shares of Oklo ( OKLO 0.30%) are flying this week. Since trading halted last Friday, the nuclear power start-up 's stock has surged 28.2% as of 2:33 p.m. ET. The impressive jump comes as the S&P 500 and Nasdaq-100 both had monster weeks, rising 4.3% and 6.2%, respectively.
Wedbush analyst Dan Ives on Friday lifted Oklo Inc. (NYSE:OKLO)’s stock price target to $55 from $45, while maintaining an Outperform rating on its shares. The revised price target reflects the analyst’s positive outlook for the company,