OKLO is trading at $68.30 (+3.13%) in pre-market trading, recovering from a 4.66% drop on February 11 as broader market gains help the stock bounce back from recent insider selling.
- The stock recently faced pressure from over $2M in insider sales by CEO Jacob DeWitte and CFO Richard Bealmear, rising uranium costs, and a Goldman Sachs price target cut to $91.
- Sentiment remains supported by a 1.2GW Meta deal and Canaccord’s $175 price target, with major indices up ~0.4% providing additional tailwinds.