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Oklo Stock: Buy, Sell, or Hold?

TheMotleyFool

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(NYSE: OKLO), a nuclear power start-up backed by OpenAI CEO Sam Altman, went public by merging with a special purpose acquisition company (SPAC) on May 10, 2024. The stock opened at $15.50 on its first day but eventually plunged and closed at $8.45.

Oklo's stock eventually sank to an all-time low of $5.59 on Sept. 3, but it subsequently soared to about $42 as of this writing. That massive rally would have turned a $10,000 investment into more than $75,000 in less than five months. Let's take a closer look at Oklo's business and see if it's the right time to buy, sell, or hold this volatile stock.

Image source: Getty Images.

Source Fool.com