OKLO is trading at $63.69, down 6.65% today as a broader market retreat and deteriorating labor market data overshadow recent growth catalysts.
- The decline follows disappointing jobless claims of 231,000 and a 118% year-over-year surge in January layoffs, sparking a flight to safety sentiment across the market.
- Shares have retreated sharply from a January 28 high of $94.39, suggesting that macroeconomic headwinds are currently outweighing the positive momentum from the company's recent 1.2 GW nuclear partnership with Meta.