Oklo Shares Slide Thursday As Fed Rate Fears Mount

Oklo Inc (NYSE:OKLO) shares are trading lower Thursday afternoon, caught in a broader risk-off market slide that has disproportionately impacted high-growth, pre-revenue sectors. The decline comes as major indices tumble and investors recalibrate Federal Reserve rate-cut expectations, dampening the momentum Oklo built earlier in the week.

• OKLO is among today’s weakest performers. See the market dynamics here.

What To Know: The pullback follows a paradoxical Wednesday rally where the stock surged despite a third-quarter earnings miss. On Tuesday, Oklo reported an operating loss of $36.3 million or 20 cents per share, wider than the estimated 12-cent loss.

However, investors initially looked past the financials, focusing instead on CEO Jacob DeWitte's bullish comments regarding the company’s “Manhattan Project-level speeds” at its Idaho National Laboratory site.

Optimism had been fueled by a Department of Energy framework allowing Oklo to bypass traditional Nuclear Regulatory Commission licensing delays, enabling early construction on its Aurora powerhouse.

Despite this regulatory progress and a liquidity position of nearly $1.2 billion, Thursday's deteriorating macroeconomic sentiment has overshadowed company-specific catalysts, dragging the stock down alongside other speculative assets.

Benzinga Edge Rankings: Benzinga Edge data captures this volatility, showing a negative short-term price trend despite an exceptionally high Momentum score of 98.72.

OKLO Price Action: Oklo shares were down 8.28% at $101.97 at the time of publication on Thursday, according to Benzinga Pro data.

Read Also: US Energy Officials Greenlight Oklo’s Fuel Plan—Here’s What It Unlocks Next

How To Buy OKLO Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Oklo’s case, it is in the Utilities sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

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