Oklo slides as OpenAI CEO Sam Altman to step down as chairman

ReutersApr 22, 2025 8:40 PM

Shares of nuclear startup firm Oklo OKLO.N down 11% at $19.14 after the bell

OpenAI CEO Sam Altman will step down as the chairman OKLO, company says

"We are excited to continue working to bring scalable, clean energy to the AI sector and beyond, and to continue to explore strategic partnerships with leading AI companies, including potentially with OpenAI," says Oklo COO Caroline Cochran

Oklo CEO Jacob DeWitte will serve as chairman and board member - company

The firm went public last May through a merger with Altman's blank-check firm

Stock is up marginally so far this year, as of last close

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