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Why Oklo Stock Is Climbing Higher Today

TheMotleyFool

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Why Oklo Stock Is Climbing Higher Today: https://g.foolcdn.com/editorial/images/843561/engineers-at-a-nuclear-power-station.jpg

After dipping lower on Monday and Tuesday, the S 500 shows signs of reversing course today, staying in positive territory during this morning's trading session. At the same time, advanced nuclear energy stock (NYSE: OKLO) is also benefiting from investors' enthusiasm. As of 11:32 a.m. At 3:00 ET, the S 500 is up 0.4%, and Oklo stock has risen 4%, retreating from its earlier gain of 9.6%.

Thanks to the company's announcement that it has signed a new binding contract regarding its Aurora powerhouse, investors are eager to click the buy button on Oklo stock today.

Image source: Getty Images.

Source Fool.com