Oklo shares jump 21.8% after first revenue and reactor supply deal
The gist
Advanced nuclear firm Oklo reported Q3 revenue of $1.86 million, up from zero a year ago.
First sales and a 27-reactor parts deal test investor patience.
How it unfolded
- Nov 3, 2026Oklo stock edged down to around $23.43 on subdued volume, with earnings due November 6.
- Nov 4, 2026Wedbush began covering Oklo with an Outperform rating. Workers had completed reactor-area excavation and started erecting structural steel, and the Department of Energy approved the project's Preliminary Documented Safety Analysis.
- Nov 5, 2026Oklo stock dropped $2.81 to about $19.30 as options volume reached 82,000 contracts and implied volatility climbed to 101.31.
Key terms
- GAAP
- The set of default accounting standards used by companies based in the United States.
- at-the-market share offerings
- A follow-on stock offering where a company incrementally sells shares into the open market through a broker-dealer at prevailing prices to raise capital over time.
- implied volatility
- The volatility value of an underlying asset that, when entered into an option pricing model, yields a theoretical price equal to the option's market price.
Source: Wikipedia