🔴 OKLO is trading 3.1% down today as AI spending concerns weigh on broader markets

OKLO is trading at $64.15 (-3.14%) as broader market indices retreat on AI spending concerns and robust jobs data reducing Fed cut expectations.

• Shares surrendered a pre-market rebound to $68.42 (+3.3%) as the NASDAQ Composite and S&P 500 dropped 1.59% and 0.94%, respectively.
• The downward move follows recent pressure from a Goldman Sachs price target cut and rising uranium costs, with no new company-specific catalysts reported today.