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Why Oklo Stock Is Climbing Higher This Week


It's been a strong start to May for advanced nuclear reactor stock (NYSE: OKLO). Shares have been rising during this, the first full week of trading in May, thanks to the company's progress toward regulatory approval of its Aurora powerhouse. But it's not only company news that's driving investors to bid the stock higher. A nuclear energy peer's announcement from this week is also contributing to investors' interest in Oklo.

According to data provided by S&P Global Market Intelligence, Oklo stock has risen 2.8% from the end of trading last Friday through 2:42 p.m. ET today.

Image source: Getty Images.

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Source Fool.com

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