Oklo is trading 7.4% down at $38.41 following a sharp selloff in the opening session, appearing to track broader risk-off pressure in technology and nuclear-related names.
- The NASDAQ Composite has declined 1.32%, with market commentary suggesting chip stocks are under pressure due to concerns regarding AI-related spending.
- Today's move marks a reversal of recent sentiment; while Oklo had rallied on AI-power optimism, there are currently no company-specific catalysts to explain the sharp drop.