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Oklo down as Sam Altman to step down as chairman

ReutersApr 23, 2025 9:04 AM

Shares of nuclear technology firm Oklo OKLO.N down 1.1% at $21.29 premarket

Co late on Tuesday said OpenAI CEO Sam Altman will step down as Oklo's chairman

Oklo CEO & co-founder Jacob DeWitte to take over role of chairman

OKLO, which went public in 2024 through a merger with Altman's blank-check firm AltC Acquisition Corp, aims to develop its first small modular nuclear reactor by 2027

5 brokerages rate stock "buy" or higher, 3 "hold"; their median PT is $45.89 - LSEG

As of last close, stock gained 1.4% YTD

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