Oklo (OKLO) Tumbles 8.47% on Insider Selling

We recently published Bloodbath on the Street: These 10 Stocks Crashed Hard. Oklo Inc. (NYSE:OKLO) is one of the worst-performing stocks on Wednesday.

Oklo Inc. dropped its share prices by 8.47 percent on Wednesday to end at $55.57 apiece as investors unloaded positions after one of its directors sold off nearly $3 million of his shares in the company.

In a regulatory filing, Oklo Inc. (NYSE:OKLO) said that Director Michael Klein and M. Klein Associates Inc., a ten percent owner of the company, disposed of shares on June 23, 2025, at a price of $53.7064 to $55.2205 apiece.

In recent news, Oklo Inc. (NYSE:OKLO) announced its partnership with Hexium, a pioneering isotope enrichment company, and TerraPower, a nuclear innovation company, to accelerate the domestic production of High-Assay Low-Enriched Uranium (HALEU) at industry-leading cost targets.

Oklo Inc. (NYSE:OKLO) said that the three firms will collaborate with Lawrence Livermore National Laboratory to evaluate the potential of Atomic Vapor Laser Isotope Separation (AVLIS)—a robust legacy technology that offers one of the most promising paths to commercial-scale enrichment of reactor-grade uranium.

Oklo (OKLO) Tumbles 8.47% on Insider Selling

A fleet of solar power plants under the dazzling sun, shooting off a burst of light.

According to Oklo Inc. (NYSE:OKLO), the lack of HALEU supply is widely seen as the most pressing obstacle to scaling the next generation of nuclear energy in the US.

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.