Oklo is trading 6.36% down at $37.34 after announcing a new at-the-market offering of up to $1 billion of Class A shares.
- The financing introduces potential dilution and directly explains the selling pressure; reports said shares fell 3.5% Friday morning after the announcement.
- The decline is company-specific: major indexes were higher on September 11, 2026.
- The offering replaces a prior agreement under which Oklo had already sold approximately $1 billion of stock.