OKLO is trading at $72.03 (-5%) in pre-market action as the stock gives back a portion of yesterday's gains amid broader market weakness.
- The stock surged 6.94% in the previous session following a Buy rating and $130 price target from Tigress Financial, but lacks new catalysts to sustain the momentum.
- Shares are facing additional pressure from a soft macro environment, with S&P 500 futures down 0.25% and the Nasdaq down 0.68%.
- Volatility remains elevated for the ticker, which has fluctuated within a 7-day range of $66.81 to $76.46.