Why Oklo Stock Dropped Monday
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Oklo stock dropped 2% on Monday after a 29% surge on Friday due to U.S.-U.K. agreements in AI, quantum computing, and nuclear energy. Analysts believe the initial rise was an overreaction, benefiting rivals like X-Energy. Despite breaking ground on its Aurora-INL reactor, Oklo is still years away from profitability, with only two of four steps completed for DOE authorization. Analysts continue to view Oklo stock as a sell, despite the recent positive developments.
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