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Why Oklo Stock Popped Wednesday


Oklo (NYSE: OKLO) stock, the start-up manufacturer of small modular (nuclear) power reactors, surged early in January after (NASDAQ: META) announced a deal to prepurchase power ... from plants that Oklo hasn't yet built. (Meta's cash will actually be used to build the plant.)

Today, Oklo's gaining 2.2% through 9:50 a.m. ET. And the reason is a new upgrade from Bank of America analyst Dimple Gosai, who recommends buying the stock at up to $127 per share.

Image source: Getty Images.

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Source Fool.com

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