Why Did Oklo Stock Pop Today?

Shares of Oklo (NYSE: OKLO) climbed on Friday, finishing the day up 6.5% even as the S&P 500 and the Nasdaq Composite lost significant ground.Investment bank Canaccord Genuity initiated coverage of Oklo on Tuesday with a buy rating. The stock is still seeing momentum as the coverage follows on the heels of the nuclear energy company's recent selection for a new Department of Energy (DOE) pilot program.Canaccord initiated coverage of Oklo stock earlier this week. The bank gave it a buy rating and set a price target of $175, which still represents a significant upside from Oklo's current level, even after the stock gained in the days since.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool