Why Oklo Stock Traded Lower on Wednesday
Shares of (NYSE: OKLO) were on shaky ground today, falling 5.4% in early Wednesday trading and were still trading 2.5% lower as of 2:30 p.m. ET on Wednesday. Optimism around the red-hot nuclear energy stock appears to be waning. Or, let's just say, some analysts are being cautious with their price targets after the stock's incredible 370%-plus run-up in 2025 so far.
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Goldman Sachs analyst Brian Lee met Oklo's CEO Jacob DeWitte and Director of Investor Relations Sam Doane at an investor meeting on Dec. 9, post which the analyst reiterated a neutral rating and price target of $106 per share on the nuclear energy stock.
Source Fool.com
