OKLO is trading at $68.42 (+3.3%) in pre-market, attempting to recover from a 4.66% decline in the previous session amid broader market gains.

  • The stock is rebounding from recent selling pressure linked to insider activity, rising uranium costs, and a Goldman Sachs price target reduction to $91.
  • Canaccord remains highly bullish with a $175 price target, citing the company's partnership with Meta and surging demand for nuclear power to fuel AI data centers.
  • The move higher aligns with a positive shift in broader market sentiment, with S&P 500 futures up 0.3%.