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Oklo Stock Volatility Follows DOE Contract Announcement
Oklo Stock Volatility Follows DOE Contract Announcement
23
2
BTCCSquare news:
Oklo shares swung between gains and losses after securing three Department of Energy contracts for small modular reactor development. The early 6% rally evaporated as traders digested broader implications—eight competing firms also received awards under the same program.
While the DOE selection validates Oklo's technology, market enthusiasm cooled upon realizing the contracts represent fragmented government support rather than exclusive endorsement. Rivals Nano Nuclear and NuScale's absence from the winners' list failed to sustain bullish momentum.
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