Why Oklo Stock Crashed Today
Oklo (NYSE: OKLO) stock tumbled 13% through 3:40 p.m. ET Wednesday after investment bank Goldman Sachs cut its price target on the nuclear stock by 14%, to $91 per share -- and maintained only a neutral rating on the shares.
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That's somewhat strange. After all, with Oklo currently trading near $68 a share, a move to $91 would imply a 34% profit over the next 12 months. You'd think the potential for that kind of profit would have Goldman Sachs standing firmly in the "buy" camp on Oklo.
Source Fool.com
