Oklo Inc. (OKLO) stock is soaring 15.75% in Friday's trading session, outperforming the broader market as the nuclear energy sector receives a significant boost from recent US-UK trade talks. The surge comes as the Trump administration places nuclear energy at the forefront of international trade discussions, sparking investor enthusiasm for companies in the industry.
The sharp rise in Oklo's stock price is part of a broader rally in nuclear-related stocks. Other companies in the sector, including NuScale Power, Centrus Energy, and BWX Technologies, are also experiencing notable gains. This sector-wide momentum is driven by a new memorandum of understanding between the United States and the United Kingdom, which aims to accelerate nuclear energy development and deployment.
Key aspects of the US-UK agreement include streamlining the reactor review process, with the UK planning to reduce its licensing period from 3-4 years to just two years. Additionally, both countries have committed to developing a nuclear fuel supply chain independent of Russian influence by 2028. These developments are particularly favorable for U.S. reactor developers like Oklo, potentially opening up new market opportunities and expediting project timelines. As the nuclear energy industry gains prominence in international trade discussions, investors appear to be betting on Oklo's potential for growth and increased market share in this evolving landscape.
