Why Oklo Stock Slumped 6.3% Today
Source: Motley Fool
2025-12-05 20:14:12 ET
Shares of Oklo (NYSE: OKLO) fell today, finishing down 6.3%. The decline came as the S&P 500 and Nasdaq Composite rose 0.1% and 0.3%, respectively.
Oklo, a nuclear energy company developing small modular reactors, saw its stock drop sharply today after a regulatory filing revealed the company is seeking to raise up to $1.5 billion in an at-the-market (ATM) offering.
After markets closed on Thursday, Oklo filed a prospectus with the Securities and Exchange Commission (SEC), disclosing that the company has reached a deal to raise up to $1.5 billion. An ATM offering allows Oklo to sell its shares at its own discretion over the long term.
Oklo Inc. Class A
NASDAQ: OKLO
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OKLO Stock Data
$10,854,484,300
126,716,378
1.78%
314
N/A
Regulated Utilities
Utilities
US
Santa Clara
