Why Is Oklo Stock Up Over 1,000% in the Past Year?

Oklo stock (NYSE: OKLO) is on some kind of run. As of Sept. 17, shares of the next-generation nuclear power company were up nearly 350% year to date, making mincemeat of the S&P 500's 12% gain. And Oklo has catapulted 1,400% higher over the past 12 months, without bringing in so much as a whiff of revenue. Whenever it looks like Oklo might be drifting back down to earth, a new catalyst emerges -- like Monday's announcement that the U.K. and U.S. governments plan to fast-track the development of new nuclear power facilities in both countries, which pushed the stock price to an all-time high. Oklo isn't the only next-gen nuclear tech company surfing the wave of investor enthusiasm. Over the past 12 months, shares of NuScale Power and NANO Nuclear Energy have likewise surged 297% and 189%, respectively. Meanwhile, nuclear component supplier BWX Technologies is up 74%. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool