Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Oklo Stock Bumped Higher This Week

TheMotleyFool

0 0

Why Oklo Stock Bumped Higher This Week: https://g.foolcdn.com/editorial/images/820130/a-nuclear-power-plant-photographed-in-the-daytime.jpg

The American nuclear industry was the focus of much attention this week, and as a result, there was significant action in (NYSE: OKLO) stock. The reactor developer's shares notched a more than 5% gain over the week, according to data compiled by S&P Global Market Intelligence.

This week's momentum behind Oklo and other nuclear stocks was stirred by none other than President Trump, when he signed an executive order (EO) last Friday aimed at supporting the industry. Among other measures, the EO allows for the testing of reactors at Department of Energy laboratories, and construction of nuclear power facilities on public land.

Image source: Getty Images.

Source Fool.com