Oklo, nuke stocks battered amid speculative stock and momentum unwind
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Oklo and other nuclear-related stocks are experiencing significant declines amid a broader momentum unwind. Retail traders have sold approximately $24 million in Oklo shares, with the company's market value dropping from $20.6 billion to below $18 billion. This downturn follows a critical Financial Times article analyzing Oklo's zero-revenue status and its plans to develop smaller nuclear reactors using liquid sodium as a coolant.
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