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Sam Altman-Backed Oklo Slumps After Kerrisdale Says It's Shorting Stock

By Yahoo! Finance   |   Nov 20, 2024 at 01:36 PM EST
Sam Altman-Backed Oklo Slumps After Kerrisdale Says It's Shorting Stock

Oklo Inc., a nuclear fission reactor company, saw its shares drop following a report by Kerrisdale Capital questioning its investment case. The company aims to develop small modular reactors, but faces challenges with unproven technology and regulatory hurdles.

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