Why Oklo Stock Slumped 22% in June Despite a Month of Big Wins
Yahoo Finance ·
Oklo ( OKLO 0.17% ) had what should have been a dream month in June 2026. The nuclear energy start-up was racking up major wins left and right, including approvals from the Department of Energy (DOE) and a crucial partnership to secure the mission-critical uranium fuel needed to power Oklo's small modular reactors (SMRs) for a massive project. Yet, Oklo stock slumped 21.8% in June, according to data provided by S&P Global Market Intelligence . The disconnect comes down to a reality check on multiple fronts. But could the markets have overreacted, offering investors an opportunity to scoop up shares of a company with significant government collaborations amid a nuclear energy renaissance?
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