Oklo Inc. (OKLO) saw its shares plummet by 15.04% during intraday trading on Friday, as part of a broader sell-off in AI-related stocks. The decline was driven by growing investor concerns over a potential AI bubble and rising U.S. Treasury yields, which added pressure to the tech sector.
The broader market sentiment was negative, with major indexes like the S&P 500 and Nasdaq Composite also closing lower. Companies tied to AI investments, including Oklo Inc., faced significant losses as investors shifted away from high-growth tech stocks amid fears of overvaluation and tighter monetary policy.
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