Oklo Inc. shares plummeted 7.44% to $69.47 following a strategic pivot to prioritize Department of Energy pilot program obligations over primary regulatory applications. Despite the shift, Bank of America and other analysts maintain a consensus price target of $112.69.

  • The new strategy aims to streamline long-term approvals but underscores an unclear path for the company's pre-commercial nuclear reactors.
  • Market sentiment was negatively impacted by a reported $14.9 million insider sell-off earlier in February.
  • Analysts view the current price volatility as a potential entry point for investors.