Why Oklo Stock Just Popped
2026-05-26 11:30:04 ET
Oklo (NYSE: OKLO) stock soared 7.5% through 10:45 a.m. ET Tuesday morning after announcing the U.S. Department of Energy (DOE) has chosen it -- and four other nuclear power companies -- to negotiate for the right to participate in the Department's Surplus Plutonium Utilization Program.
Image source: Getty Images.
Most nuclear reactors run on uranium fuel, which, as it decays, can transform into plutonium-239 (which fissions to produce heat), unless it absorbs another neutron to form plutonium-240 (which doesn't fission as easily) or another neutron to form plutonium-241 (which does)! The even-numbered isotopes that don't decay as easily accumulate over time, and can eventually end up as "spent" nuclear fuel, but even this fuel can be recycled into something a nuclear fast reactor can use as fuel.
NASDAQ: OKLO
OKLO Trading
-0.26% G/L:
$69.28 Last:
10,180,803 Volume:
$68.09 Open:
