Oklo stock price jumps alongside Tennessee nuclear announcement
Watch Gov. Bill Lee talk about a Oklo coming to Tennessee
Oklo, a nuclear fuelrecycling business, announces a $1.7 billion dollar investment and will create 800 jobs in Oak Ridge, Tenn.
Oklo, a nuclear startup company expanding in Tennessee, has seen an incredible surge in its stock value.
In just five days, the stock price has risen from about $85 to $124, about a 45% increase. It’s up 60% over the month.
“Oklo’s monster run reflects rising market optimism for small reactors – and their potential role in powering AI computing. But execution won’t come easily,” wrote Motley Fool, an financial advice website.
Oklo, promising a $1.68 billion investment and about 800 jobs, will land in Oak Ridge alongside decades-old institutions and a suite…