From Nasdaq: 2025-06-11 17:20:00

Investors flocked to Oklo (NYSE: OKLO) after news of a new contract with a branch of the U.S. military, causing the stock to surge almost 30% while the S&P 500 dipped 0.3%. Oklo received a notice of intent to award a project in Alaska to supply nuclear power to Eielson Air Force Base. The company’s ability to operate off the grid is attractive for remote sites like Eielson. The financial terms of the deal were not disclosed, marking a significant milestone for Oklo, which has yet to build any nuclear powerhouses. The Motley Fool did not include Oklo in its list of top 10 stocks to buy now.



Read more at Nasdaq: Why Oklo Stock Rocketed Almost 30% Higher Today