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Why Oklo Stock Is Soaring Higher Today

TheMotleyFool

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Rebuffing the general bearing sentiment that is driving the S 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) lower today, investors are powered up about nuclear energy stock (NYSE: OKLO). Although the company hasn't reported any developments to substantiate the stock's rise, there is industry news that investors are interpreting as positive for the small modular reactor (SMR) developer.

As of 12:41 a.m. ET, shares of Oklo have risen 8.7%.

Image source: Getty Images.

Source Fool.com