OKLO is trading at $65.50 (-4%) in pre-market following a -12.53% decline on February 4, as a broader Nasdaq sell-off and cooling U.S.-Iran tensions weigh on the nuclear energy sector.
- Technical weakness persists with shares trading well below key moving averages, overshadowing recent positive catalysts such as a Meta partnership and analyst buy ratings.
- The stock faces additional headwinds from a broader rotation out of technology and hawkish Federal Reserve signals ahead of upcoming nuclear talks.