Oklo is trading 4.6% down at $38.71 after a risk-off market open, pressured by rising global bond yields, geopolitical tensions, and concerns about elevated interest rates.
- Major indexes are lower, including the Nasdaq Composite at -1.26%, while the energy sector is higher, making sector weakness an unlikely explanation.
- Oklo’s FERC complaint concerning PJM’s removal of its 750-MW project remains an overhang, as the dispute could delay development and increase costs.