Oklo (NYSE:OKLO) Shares Gap Down – Here’s Why

Oklo Inc. (NYSE:OKLOGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $20.83, but opened at $19.97. Oklo shares last traded at $21.72, with a volume of 4,425,368 shares trading hands.

Analysts Set New Price Targets

OKLO has been the subject of a number of research analyst reports. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a report on Friday, September 6th. B. Riley started coverage on Oklo in a report on Thursday, September 19th. They issued a “buy” rating and a $10.00 target price on the stock. Finally, Citigroup decreased their price objective on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 24th.

Get Our Latest Report on Oklo

Oklo Trading Down 1.4 %

The business’s fifty day moving average price is $8.95.

Oklo (NYSE:OKLOGet Free Report) last announced its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. On average, analysts forecast that Oklo Inc. will post -2.92 EPS for the current year.

About Oklo

(Get Free Report)

Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

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