Movement Alert｜Oklo Inc. Rises 9.29% in Regular Trading, Selected by US Department of Energy for Surplus Plutonium Utilization Program

Market Focus05-26 21:37

On May 26, Oklo Inc. rose 9.29% in regular trading, trading at approximately $70.84 USD/share, with trading volume of $286 million.

On the news front, the U.S. Department of Energy selected Oklo alongside four other nuclear companies for advanced negotiations under the surplus plutonium utilization program. The program aims to make Cold War-era surplus plutonium available to industry participants and allow its conversion into fuel for nuclear reactors.

Oklo stated that the selection supports its multi-fuel strategy, which includes several pathways to source fuel for reactor deployment as the company scales domestic uranium enrichment and fuel infrastructure projects. The company is currently in its execution phase, advancing power generation, nuclear fuel, and isotope businesses. However, Oklo remains pre-revenue, reporting a net loss of $33.1 million in Q1 with operating losses reaching $51.2 million.

Within the Electric Utilities sector, Constellation Energy Corp rose 3.13%, while NextEra fell 0.06%, American Electric Power rose 0.11%, Exelon fell 0.13%, and Southern fell 0.16%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Rises 9.29% in Regular Trading, Selected by US Department of Energy for Surplus Plutonium Utilization Program\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-05-26 21:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On May 26, Oklo Inc. rose 9.29% in regular trading, trading at approximately $70.84 USD/share, with trading volume of $286 million.</p><p>On the news front, the U.S. Department of Energy selected Oklo alongside four other nuclear companies for advanced negotiations under the surplus plutonium utilization program. 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