Oklo Inc. (OKLO) shares plummeted 5.10% during intraday trading on Tuesday, as investors reacted to the company's upcoming first-quarter earnings report scheduled for release after the closing bell.

The nuclear energy technology company is expected to report a quarterly loss of 18 cents per share, which represents a wider loss compared to the 7 cents per share loss in the same period last year. While analysts anticipate revenue of $239.88 million, up from $224.08 million a year ago, the projected increased loss appears to be weighing on investor sentiment ahead of the official results.

Several analysts have recently issued mixed ratings on Oklo stock, with price targets ranging from $60 to $130. The company's shares had risen 7.8% in the previous trading session, potentially setting the stage for profit-taking ahead of the earnings announcement.