The share price of Oklo Inc. (NYSE:OKLO) fell by 7.66% between May 27 and June 3, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let’s shed some light on the development.
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Backed by OpenAI’s Sam Altman, Oklo Inc. develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States.
Oklo Inc. skyrocketed last month after President Trump signed an executive order to quadruple America’s nuclear energy capacity and ensure the country’s energy security amid a record rise in electricity demand. The order placed special attention on small modular reactors, or SMRs, presenting a significant opportunity for operators like Oklo. The company’s Aurora Powerhouse, capable of holding up to 75 MW, is well-suited to meet the needs of large-scale data operators without the necessity for design alterations.
So the recent drop in Oklo Inc. could be due to investors taking their profits following the stock’s massive rally. Despite the decline last week, the share price of OKLO has surged by more than 95% over the last month.
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