On August 6, Oklo Inc. rose 5.61% in pre-market trading, trading at $44.83/share, with turnover of $12.88 million. The stock continues to gain ahead of its earnings release scheduled for August 7, with consensus estimates projecting adjusted EPS of -$0.16, representing a roughly 10.6% year-over-year improvement in losses.
Recent catalysts continue to underpin bullish sentiment. The company received DOE startup authorization for its Groves Isotope Test Reactor in late July, clearing the path for fuel loading and first criticality. Additionally, Oklo was named as a participant in the administration-led next-generation nuclear power plant construction plan aimed at powering AI data centers, with a total program scale of approximately $200 million involving major tech companies including Microsoft and NVIDIA.
Within the Electric Utilities sector, Constellation Energy Corp rose 6.1%, American Electric Power rose 0.62%, NextEra rose 0.51%, Duke rose 0.52%, and NRG Energy Inc rose 0.41%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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