Oklo stock jumps toward $100 as DOE’s $2.7 billion uranium move lifts nuclear plays
Oklo Inc. shares climbed 7% to $95.60 in after-hours trading Tuesday after the U.S. Department of Energy awarded $2.7 billion in enrichment contracts to boost domestic nuclear fuel supply. The stock hit $96.82 earlier, with 20 million shares traded. Other nuclear-linked stocks, including NuScale Power and Centrus Energy, also advanced. The DOE awards do not fund Oklo’s reactor construction.