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Why Did Oklo Stock Drop Today?

TheMotleyFool

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Shares of small nuclear reactor-builder Oklo (NYSE: OKLO) tumbled 3.1% through 12:10 p.m. ET Tuesday. Curiously, the news on Oklo today is good, not bad.

Cantor Fitzgerald initiated coverage of Oklo stock with an overweight rating and a $73 price target. No sooner had it done so than Oklo announced it has picked Kiewit Nuclear Solutions Co. to help build its first commercial Aurora powerhouse in Idaho, at Idaho National Laboratory (INL).

Image source: Getty Images.

Source Fool.com