Oklo Inc. (OKLO) shares climbed 4.89% on February 9, tracking the broader positive market sentiment, despite the absence of a specific company catalyst driving the move.
- The positive movement follows Canaccord's reiterated $175 price target, citing progress on the Meta deal and DOE initiatives.
- Shares reached an intraday high of $75.17 before settling mid-day at $74.58.
- The stock has recently faced significant downward pressure, dropping approximately 60% from 2025 highs, partly due to executive share sales.