Oklo stock rises as DOE approves key nuclear facility plan
Oklo shares rose 2.3% premarket after the US Department of Energy approved its Nuclear Safety Design Agreement for the Aurora Fuel Fabrication Facility in Idaho. Despite reporting a wider quarterly loss of $0.20 per share, the company maintained optimism about launching its Aurora reactor by 2027-28 and highlighted a strong cash position of roughly $1.2 billion.