By @ForPolJournal
Publication Date: 2026-04-26 14:02:00
Oklo Inc. (NYSE: OKLO) closed at $71.00 on Friday, April 24, 2026, falling $5.46 or 7.14 percent on the session after an intraday high of $81.50 as profit-taking erased a portion of the significant gains generated by two major catalysts in the prior 48 hours.
The pullback came despite the stock recovering modestly in after-hours trading to $71.27, up 0.38 percent, suggesting the broader investment thesis surrounding the nuclear energy company remained firmly intact even as short-term traders locked in gains following one of the most eventful weeks in OKLO’s brief public trading history.
The session’s decline followed a 15.65 percent rally on Wednesday, April 23, the day Oklo announced a three-way partnership with Nvidia and Los Alamos National Laboratory aimed at using artificial intelligence and advanced computer simulations to design and improve next-generation nuclear reactors and fuel technologies.
HSBC initiated coverage of the stock with a Buy rating and a $96 price target on the same day, citing the company’s accelerated small modular reactor development timeline, its strong balance sheet, and the prospect of near-term revenue as key factors underpinning an attractive risk-reward profile at current levels.
Why The Nvidia Partnership Matters For Oklo
The collaboration between Oklo, Nvidia, and Los Alamos National Laboratory represents a significant commercial and strategic escalation for the company, combining three complementary areas of…
