🔴 OKLO is trading 5% down today amid a broader market sell-off following hot CPI data

OKLO is trading at $74.17 (-5.07%) amid a broader market sell-off as higher-than-expected CPI inflation data reduces expectations for Fed rate cuts.

• The 3.8% YoY CPI reading and escalating Middle East tensions have weighed on major indices, which are down between 0.5% and 0.7%.
• Today's decline follows a 7.75% gain yesterday driven by a JPMorgan neutral rating and an $83 price target.
• Investors are awaiting the company's earnings report, which is scheduled for release later today.