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Why Shares of Oklo Are Powering Down Today

TheMotleyFool

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Why Shares of Oklo Are Powering Down Today: https://g.foolcdn.com/editorial/images/839305/investor-studies-financial-charts-on-computers.jpg

After logging losses at the end of trading on both Monday and Tuesday, (NYSE: OKLO) stock is continuing to plunge lower today. Oklo bulls who are concerned that the stock's movement reflects the company suffering a major setback in the development of its advanced nuclear reactors will find that this is hardly the case. In fact, there's no news from the company that speaks to the stock's decline.

As of 12:19 p.m. ET, shares of Oklo are down 14.7%.

Image source: Getty Images.

Source Fool.com