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Why Oklo Stock Crushed it on Thursday


One standout stock in the energy sector on Thursday was next-generation nuclear company (NYSE: OKLO). Its shares closed the trading session up 4%, trouncing the bellwether S 500 index's barely over 1% gain. A new supply agreement was the key catalyst behind that price rise.

Before market open that day, Oklo and nuclear fuel supplier Centrus Energy Group unveiled a letter of intent, under which Centrus will provision up to five powerhouses currently under construction in southern Ohio.

Image source: Getty Images.

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Source Fool.com

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