Why Nuclear-Powered OKLO Stock is a Financial Hot Potato
Oklo (OKLO), a next-gen nuclear power provider, has emerged as one of Wall Street's most volatile stocks this year. After trading below $20 per share in January, the stock surged to an all-time high of $144 last week, fueled by strategic partnerships and political momentum. It closed at $110.53 on Friday, with analysts anticipating continued turbulence.
The company's modular nuclear technology and "power-as-a-service" revenue model have drawn investor interest, though the latter remains untested. Oklo's ability to recycle spent nuclear fuel could disrupt the energy sector, but its stock swings—regularly ~10%—reflect both Optimism and uncertainty. Volatility metrics like the Average True Range (ATR) have doubled during the rally.