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Why Oklo Stock Dropped Today

TheMotleyFool

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Start-up nuclear reactor builder Oklo (NYSE: OKLO) jumped 2.2% through 11:55 a.m. ET Wednesday after the Department of Energy (DOE) named the company to yet another set of nuclear pilot projects.

Oklo, which specializes in compact nuclear reactors, has already been awarded three contracts for test versions under the DOE's Reactor Pilot Program. Now the agency has chosen the company to also work on building a supply chain producing fuel for nuclear reactors.

Image source: Getty Images.

Source Fool.com