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Why Oklo Stock Dropped on Thursday

TheMotleyFool

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Why Oklo Stock Dropped on Thursday: https://g.foolcdn.com/editorial/images/853548/silhouette-of-a-nuclear-power-plant-against-the-moon-in-the-background.jpg

Oklo (NYSE: OKLO) stock, the start-up manufacturer of small modular (nuclear) power reactors, slid 8.3% through 10:10 a.m. ET Thursday after the U.S. Department of Energy (DOE) announced its "New Effort to Modernize America's Nuclear Fuel Cycle and Support Advanced Reactor Deployment."

The announcement made no mention of Oklo.

Image source: Getty Images.

Source Fool.com