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Why Oklo Stock Plummeted Today

TheMotleyFool

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Shares of (NYSE: OKLO) fell on Tuesday, finishing the day down 7.6%. The drop comes as the S 500 and Nasdaq Composite lost 0.2% and 0.9%, respectively.

Oklo took a hit today after The Wall Street Journal reported that 's Google has signed a deal with a nuclear fusion company.

Google has signed a multibillion-dollar deal with Commonwealth Fusion System (CFS), a nuclear fusion start-up backed by Bill Gates. The deal will see Google secure 200 megawatts from CFS's first plant in Virginia by the 2030s.

Source Fool.com