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Oklo falls after unveiling planned $1.5 billion share sale

ReutersDec 4, 2025 10:19 PM

Shares of Sam Altman-backed nuclear technology firm Oklo OKLO.N fall 6.3% to $104.40 in extended trading

OKLO unveils up to $1.5 billion "at-the-market" equity offering program

Goldman Sachs, BofA Securities, Citigroup, Morgan Stanley, Barclays Capital, TD Securities, Guggenheim Securities, B. Riley Securities, and William Blair will handle the program

OKLO stock closed up 15.6% at $111.65 on Thursday

With 156.3 million outstanding shares, OKLO has $17.4 billion market cap, per data compiled by LSEG

10 of 18 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; median PT is $108.50

As of last close, OKLO up 425.9% YTD

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