--- title: "Why Is Oklo Stock Sliding On Monday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/283368673.md" description: "Oklo Inc. (NYSE:OKLO) shares fell 2.22% to $65.33 on Monday, driven by profit-taking after a 43.39% rally over two weeks. CEO Jacob DeWitte's comments on nuclear power's role in space fueled recent momentum. The company is focused on its Aurora reactor design and partnerships, including a collaboration with Meta Platforms Inc. for a nuclear campus in Ohio. Despite short-term strength, technical indicators suggest a bearish long-term trend, with key resistance at $70.00 and support at $56.50." datetime: "2026-04-20T13:55:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283368673.md) - [en](https://longbridge.com/en/news/283368673.md) - [zh-HK](https://longbridge.com/zh-HK/news/283368673.md) --- # Why Is Oklo Stock Sliding On Monday? **Oklo Inc.** (NYSE:OKLO) shares are trading lower on Monday. The decline follows a period of intense volatility and a significant rally in the nuclear sector. Nasdaq futures are down 0.29% while S&P 500 futures have shed 0.34%. ## Investors Secure Gains After Rally The primary driver for Monday's slide appears to be profit-taking. The stock surged 43.39% over the last two weeks, rising from $46.59 on April 7. ## Space Nuclear Theme Drives Sentiment Recent momentum stemmed from CEO **Jacob DeWitte's** comments regarding extraterrestrial energy. Speaking to CNBC's The Exchange on Thursday, DeWitte emphasized nuclear power's role in space. "We work with nuclear power to enable everything that we do that's cool in space," DeWitte said. ## Strategic Partnerships And Timelines The **Sam Altman**\-backed company remains focused on its Aurora reactor design. Oklo is currently collaborating with **Meta Platforms Inc.** (NASDAQ:META) on a 1.2-gigawatt nuclear campus in Ohio. DeWitte noted a 2028 timeline for nuclear power in space is "doable" if supply chains remain active. Beyond space, Oklo aims to power hyperscale data centers by the early 2030s. ## Technical Analysis Oklo is sitting well off its 52-week high of $193.84 and above its 52-week low of $19.89, which frames the stock as a high-volatility name still rebuilding after a major peak. It's trading 24.8% above its 20-day simple moving average (SMA) but 10.4% below its 100-day SMA, a split that points to short-term strength while the intermediate trend remains pressured. The moving-average structure is still a headwind: the 20-day SMA is below the 50-day SMA, and the death cross in February (50-day SMA below the 200-day SMA) keeps the longer-term trend filter tilted bearish. At the same time, the moving average convergence divergence (MACD), a trend/momentum measure, is above its signal line with a positive histogram, which leans toward improving upside momentum versus the prior downswing. - **Key Resistance**: $70.00 - **Key Support**: $56.50 **OKLO Price Action:** Oklo shares were down 2.22% at $65.33 at the time of publication on Monday, according to Benzinga Pro data. _Photo: Poetra.RH / Shutterstock_ ### Related Stocks - [META.US](https://longbridge.com/en/quote/META.US.md) - [OKLO.US](https://longbridge.com/en/quote/OKLO.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) ## Related News & Research - [Meta CTO says he feels stressed out 4-5 times a year — and he knows the 'trigger'](https://longbridge.com/en/news/283376377.md) - [Meta stock could surge if this AI flywheel starts spinning](https://longbridge.com/en/news/283542501.md) - [Is Oklo stock a buy, sell, or hold after its nuclear progress?](https://longbridge.com/en/news/283543858.md) - [Meta quietly hired two more founding members from Mira Murati's Thinking Machines Lab](https://longbridge.com/en/news/283405523.md) - [Meta fast-tracks fiber technician training to solve a major data center bottleneck](https://longbridge.com/en/news/283400871.md)