My Honest Opinion of Oklo Stock
Nuclear start-up 's (NYSE: OKLO) stock has had an incredible run so far this year. After climbing 250% in the first half of the year, shares raced higher in September, when the company broke ground on its first-ever prototype nuclear facility.
That explosive growth stalled out last month, however. The company's shares briefly peaked at $174.14 a share, and then dropped more than 25%. Can Oklo's stock regain its mojo, or are investors in for further losses? Here's what I really think.
Although the nuclear science underlying Oklo's Aurora Powerhouse small modular reactors (SMRs) has a long track record, the specific way the company plans to deploy its tech is still basically untested. That may sound like a contradiction, but it's not.
Source Fool.com
