Movement Alert|Oklo Inc. Intraday Rise 11.72%, Q3 Revenue Beat and Strong Cash Position Lift Sentiment

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Yesterday

On November 6, Oklo Inc. rose 11.72% in Regular Trading, trading at $21.2 per share, with turnover of $41.9143 million.

The move followed the company’s latest quarterly results, which showed revenue and earnings ahead of expectations, alongside a sizable cash, equivalents, and marketable securities balance of $3.13 billion and a newly announced manufacturing agreement that reserved U.S. reactor component capacity.

For the September quarter, Oklo Inc. reported revenue of about $1.9 million, above the roughly $1.0 million market expectation, while diluted EPS loss was $0.22 versus the expected $0.27 loss. Although net loss widened year over year, the earnings release also highlighted progress in reactor development and nuclear fuel cooperation tied to Meta-related supply arrangements, helping support the stock’s rebound.

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