financetom
Business
financetom
/
Business
/
What's Going On With Oklo Stock Tuesday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Oklo Stock Tuesday?
Jun 10, 2025 9:34 AM

Oklo Inc ( OKLO ) shares are trending again on Tuesday with shares up nearly 65% over the past month. The company provided an update on regulatory progress.

What Happened: Oklo ( OKLO ) on Tuesday announced that the U.S. Nuclear Regulatory Commission (NRC) initiated a review of the company’s licensed operator topical report as Oklo ( OKLO ) continues to progress on its combined license application seeking approval to operate its planned Aurora powerhouses.

Oklo ( OKLO ) noted that the licensed operator topical report submission is expected to open the door to faster licensing pathways that support the company’s broader commercialization goals.

“This milestone demonstrates how our licensing strategy supports our mission to deliver clean, reliable, and affordable energy quickly and at scale,” said Jacob DeWitte, co-founder and CEO of Oklo ( OKLO ).

“By combining all aspects of design, construction, and operation into one application, we’re streamlining the path to deployment.”

Oklo ( OKLO ) expects to be able to deploy its first nuclear plant in late 2027 or early 2028. DeWitte said last month that timelines could potentially be accelerated after President Donald Trump signed multiple executive orders aimed at supporting the domestic nuclear industry.

Check This Out: Cameco (CCJ) Stock Surges 11% On Westinghouse Nuclear Deal: What’s Going On?

How To Buy OKLO Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Oklo's ( OKLO ) case, it is in the Utilities sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment. There are multiple ETFs out there specifically focused on nuclear power.

OKLO Price Action: Oklo ( OKLO ) shares were down 4.11% at $52.03 at the time of publication Tuesday, according to Benzinga Pro.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Regulator Seeks More Data in Tesla Autopilot Probe
US Regulator Seeks More Data in Tesla Autopilot Probe
May 7, 2024
07:41 AM EDT, 05/07/2024 (MT Newswires) -- The National Highway Traffic Safety Administration is seeking additional and updated information from Tesla (TSLA) as it continues its investigation into the company's Autopilot defect issues that persisted even after a recall in late 2023. In a letter to Tesla, the NHTSA requested information on: vehicles' object and event detection and response; the...
GlobalFoundries Q1 Adjusted Earnings, Revenue Fall; Issues Q2 Guidance
GlobalFoundries Q1 Adjusted Earnings, Revenue Fall; Issues Q2 Guidance
May 7, 2024
07:40 AM EDT, 05/07/2024 (MT Newswires) -- GlobalFoundries ( GFS ) posted Q1 adjusted earnings Tuesday of $0.31 per diluted share, down from $0.52 a year earlier. Analysts surveyed by Capital IQ expected $0.23. Net revenue for the quarter ended March 31 was $1.55 billion, down from $1.84 billion a year earlier. Analysts polled by Capital IQ expected $1.52 billion....
George Weston Q1 Net Earnings Fall 45% as Revenue Rises, Declares 15% Dividend Boost
George Weston Q1 Net Earnings Fall 45% as Revenue Rises, Declares 15% Dividend Boost
May 7, 2024
07:40 AM EDT, 05/07/2024 (MT Newswires) -- George Weston (WN.TO) reported first quarter earnings fell 45% even as revenue rose slightly. The company also declared a 15% dividend hike to $0.82 a share. The grocery and financial services company reported profit fell to $236 million, or $1.75 per diluted share from $426 million, or $3.01 per diluted share, last year....
Sierra Metals Updates Mineral Reserve, Resource Estimates for Yauricocha Mine in Peru and Bolivar Mine in Mexico
Sierra Metals Updates Mineral Reserve, Resource Estimates for Yauricocha Mine in Peru and Bolivar Mine in Mexico
May 7, 2024
07:42 AM EDT, 05/07/2024 (MT Newswires) -- Sierra Metals ( SMTSF ) on Tuesday provided details of its updated mineral resource and reserve estimates for its Yauricocha Mine in Peru and its Bolivar Mine in Mexico. For the Yauricocha Mine, the company reported more than eight-year life-of-mine with 10.4 million tonnes of measured & indicated resources, and over 10-year LOM...
Copyright 2023-2026 - www.financetom.com All Rights Reserved