Oklo's Trading Volume Hits 13.38 Billion Ranking 60th in Stock Market

Generado por agente de IAAinvest Volume Radar
miércoles, 16 de julio de 2025, 7:08 pm ET1 min de lectura
OKLO--

On July 16, 2025, Oklo's trading volume reached 13.38 billion, ranking 60th in the day's stock market. OkloOKLO-- (OKLO) rose by 5.61%.

Oklo has made significant strides in its nuclear energy initiatives. The company has hired Kiewit Nuclear Solutions Co. to lead the construction of a small reactor at the Idaho National Laboratory. This move is part of Oklo's plan to install its first commercial Aurora powerhouse, with pre-construction work set to begin later this year and commercial operations targeted for late 2027 to early 2028. Oklo has also secured access to the necessary uranium fuel and is making regulatory progress toward design approval.

Despite the positive developments, investor sentiment remains cautious. Oklo's stock is valued at $9.2 billion, but the company has yet to generate revenue or profit. Analysts expect revenue to start in 2027, aligning with the commercial operations forecast, but profits are not anticipated until 2030 at the earliest. This uncertainty makes it challenging to value the stock, contributing to the current market sentiment.

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