OKLO is trading at $65.00 (-4.73%) in pre-market following a sharp tech selloff dubbed SaaSpocalypse, which erased $285 billion in software value after Anthropic released a new AI automation tool.
- The stock continues its downward momentum after closing at $68.23 (-12.53%) on February 4, tracking a -1.06% drop in the Nasdaq.
- Pre-market volume is significantly elevated at 19 million shares compared to the 12 million average, despite a lack of new company-specific news today.
- Market participants remain cautious following a CEO share sale on February 2, though broader sector volatility remains the primary driver as futures sit at +0.10%.