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Benzinga
Benzinga
Business
Henry Khederian

Oklo Stock Falls Monday After Last Week's Surge: What's Going On?

Oklo Inc.

Shares of advanced nuclear technology firm Oklo Inc (NYSE:OKLO) are trading lower Monday morning, signaling a pause after a rally last week that saw the stock hit a new 52-week high. Here’s what investors need to know.

What To Know: The investor enthusiasm was sparked by last Wednesday’s announcement of a strategic alliance with Liberty Energy Inc (NYSE:LBRT). The partnership is designed to deliver integrated, turnkey power solutions for large-scale customers with high energy demands, such as data centers.

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