Oklo Inc. shares fall over 10% pre-market, currently trading at $117.93.

Oklo Inc. shares fall over 10% pre-market, currently trading at $117.93.

Oklo Inc. (NYSE: OKLO) experienced a significant drop in its stock price during pre-market trading on September 12, 2025. The stock, which had been surging over the past few days, fell by over 10% to $117.93, down from its previous close of $135.88.

The decline comes after a period of strong market optimism and a significant increase in stock value. Oklo, a nuclear startup company, has seen its stock price rise from $85 to $124 in just five days, representing a 45% increase. Over the month, the stock has surged by 60% .

The company announced plans to build a nuclear fuel recycling facility in Oak Ridge, Tennessee, which would represent the first private nuclear fuel recycling center in the U.S. The project is expected to create around 800 jobs and is part of a broader expansion plan for the company .

However, the stock's recent volatility highlights the challenges faced by the company and the broader nuclear industry. Despite the promise of advanced microreactors and fuel recycling technology, the execution of these plans will not be easy. The Nuclear Regulatory Commission rejected Oklo's license application in 2022, but the company is free to reapply in the future .

The pre-market drop in Oklo's stock price may be attributed to several factors, including the rejection of its license application, the high level of uncertainty surrounding the nuclear industry, and the broader market conditions. Additionally, the company's stock has shown a large price range over the past year, with a low of $6.08 and a high of $96.77 .

Oklo's stock has been the subject of significant institutional investor activity. Multiple institutional investors have made significant adjustments to their Oklo holdings in the last quarter, with some increasing their stakes by over 350% . However, the company's stock has also been the subject of insider trading activity, with directors and executives selling shares in recent months .

Oklo's stock has received mixed analyst ratings, with some analysts assigning a "Strong Buy" rating and others assigning a "Hold" rating. Despite the mixed sentiment, the company currently has an average rating of "Moderate Buy" and a consensus target price of $66.45 .

The recent drop in Oklo's stock price serves as a reminder of the risks and uncertainties associated with investing in the nuclear industry. While the company's plans for advanced microreactors and fuel recycling technology hold promise, the execution of these plans will be crucial for the company's success.