Oklo Inc. is trading 4% down at $58.31 following the announcement of a Memorandum of Understanding (MOU) with Standard Nuclear.
- The collaboration will explore commercial opportunities in nuclear fuel recycling and advanced fuel manufacturing, including the utilization of U.S. surplus plutonium for advanced reactor fuel.
- This development comes as the broader market experiences profit-taking in high-growth tech, with the NASDAQ Composite seeing a decline.