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 Is Soaring Higher Today

TheMotleyFool

0 0

Why Oklo Stock Is Soaring Higher Today: https://g.foolcdn.com/editorial/images/828096/smiling-investor-working-on-a-laptop.jpg

Rebuffing the general bearing sentiment that is driving the S 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) lower today, investors are powered up about nuclear energy stock (NYSE: OKLO). Although the company hasn't reported any developments to substantiate the stock's rise, there is industry news that investors are interpreting as positive for the small modular reactor (SMR) developer.

As of 12:41 a.m. ET, shares of Oklo have risen 8.7%.

Image source: Getty Images.

Source Fool.com