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Oklo Inc. (OKLO) shares jumped 18% in early trading on Friday, with the ticker trending at the top spot on Stocktwits following the signing of the Technology Prosperity Deal by U.S. President Donald Trump and Prime Minister Keir Starmer a day earlier.
The stock has been on an uptrend in recent times, gaining over 87% in the last month. On Friday, the stock hit a record high of over $124. The retail user message count on Oklo increased by 540% in the last 24 hours, as of Friday morning, on Stocktwits.
On Thursday, the White House said that this deal would help build commercial partnerships to accelerate the deployment of advanced nuclear reactors in both the U.S. and the U.K.
Retail sentiment on Oklo jumped to ‘extremely bullish’ territory from ‘bullish’ a day ago, with message volumes at ‘extremely high’ levels, according to data from Stocktwits.
The White House stated that the Technology Prosperity Deal supports the U.S. Nuclear Regulatory Commission, the UK Office for Nuclear Regulation, and the UK Environment Agency (EA) in streamlining and accelerating licensing. This effort aims to target reactor design reviews within two years and site licensing within one year.
This comes on the heels of the U.S. Department of Energy reportedly calling on uranium producers to accelerate resource development in an effort to bolster nuclear power expansion.
A bullish user on Stocktwits highlighted that they have recorded a 900% return so far.
https://stocktwits.com/i_like_the_stock_meow/message/629290849
Shares of Oklo have gained nearly 480% this year and increased by 1,366% over the last 12 months.
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