Oklo Inc. is trading 6.4% up at $61.20 after the U.S. Department of Energy approved a key safety analysis for its Idaho powerhouse amid a broad risk-on market rally.
- The U.S. Department of Energy’s approval of the Preliminary Documented Safety Analysis for the Aurora powerhouse reduces regulatory risk for the advanced nuclear project and is boosting investor sentiment.
- Broader market gains are being driven by a risk-on rally following the U.S.–Iran peace agreement and a subsequent decline in energy prices.