Oklo surges 62.85% in trading volume to rank 152nd in market as nuclear energy interest grows
On May 13, 2025, Oklo's trading volume reached 7.09 billion, marking a 62.85% increase from the previous day. This surge placed Oklo at the 152nd position in the day's stock market rankings. Oklo's stock price rose by 11.02%, marking its third consecutive day of gains, with a total increase of 18.85% over the past three days.
Oklo has been gaining attention in the nuclear energy sector despite being in the development stage and not yet generating sales. The company recently completed borehole drilling at the Idaho National Laboratory site to gather information about the proposed location of its first nuclear plant. This development is a significant step forward in Oklo's efforts to establish a presence in the nuclear energy market.
In the first quarter of 2025, Oklo reported a loss of 7 cents per share. This financial update provides insight into the company's current financial status and its ongoing efforts to achieve profitability. Despite the loss, Oklo's recent developments and the growing interest in nuclear energy suggest a promising future for the company.