OKLO stock surged to $75, up about 12%, with a significant volume spike to 27 million shares. Citi raised their price target for OKLO by $38 to $68. The company announced a strategic collaboration with Liberty Energy to develop integrated power solutions for high energy demand customers. Additionally, a partnership with Vertiv was formed to create modular power systems for AI data centers powered by its nuclear plants. With these developments, there are expectations for the stock to challenge $80 next.
OKLO stock has reached $75 a share, up 12%, with a volume spike to 27 million shares against a daily average of 20.4 million shares.
Oklo has announced a strategic partnership with Liberty Energy to develop integrated power solutions that leverage heat from onsite power plants.
The partnership with Vertiv focuses on creating modular power and cooling systems for AI data centers utilizing electricity and steam from Oklo's nuclear plants.
Analysts at Citi raised their price target for OKLO by $38 to $68 a share, indicating expectations for continued stock increases.
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