Why Oklo Inc. (OKLO) Surged Today

We recently published a list of 10 Stocks That Stole the Show Today. In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other stocks that stole the show today.

Ten mid-cap companies from diverse sectors stood out on Monday, outperforming the lackluster performance of major indices, thanks to a flurry of corporate developments that sparked investor appetite.

While the firms boasted between 5 and 14 percent gains, the Dow Jones rose by only 0.32 percent, while the S&P 500 and the tech-heavy Nasdaq each inched up by 0.09 percent and 0.02 percent, respectively.

In this article, we list the names of the top-performing stocks and detail the reasons behind their gains.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

Oklo Inc. (NYSE:OKLO)

Shares of Oklo rallied for a seventh consecutive day on Monday, adding 5.33 percent to close at $39.73 apiece as investors continued to load up on shares following its strong earnings performance in the first quarter.

Last week, Oklo Inc. (NYSE:OKLO) reported trimming its net loss by 59.16 percent to $9.8 million from the $24.02 million registered in the same period last year, despite incurring a 142-percent jump in operating expenses, worth $17.9 million versus $7.37 million year-on-year.

Further adding to the sentiment was the appointment of new chief technology officer, Pat Schweiger, who boasts decades of experience and expertise in power engineering.

Prior to joining Oklo Inc. (NYSE:OKLO), Schweiger also served as chief engineer at SPARC at Commonwealth Fusion Systems and senior vice president and vice president for TerraPower.

“Pat’s decades of experience and expertise in power engineering will be a tremendous asset to Oklo as we move toward the commercialization of our advanced nuclear technologies,” said Oklo Inc. (NYSE:OKLO) co-founder and CEO Jacob DeWitte.

Overall, OKLO ranks 10th on our list of stocks that stole the show today. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than OKLO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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.