CMB Stock News Of The Day 📰📰🗞️🗞️📈📉

“Oklo’s stock dropped sharply after news surfaced that an insider offloaded shares, sparking investor concern” 🚨🚨🚨

Oklo (OKLO $120.86, -7.86%) slid Thursday after an SEC filing revealed that director Michael Klein sold about $6.7 million worth of shares — a move that stood out because it wasn’t tied to a pre-arranged insider trading plan. That raised eyebrows among investors, who are already watching the company closely as it burns cash and faces years of projected losses, according to Wall Street analysts.

Despite the setback, Oklo remains a retail favorite thanks to its high-profile connection to OpenAI CEO Sam Altman, who chaired the company until April. That buzz has helped transform the nuclear power startup into a momentum stock — soaring over 400% in 2025 and nearly 1,300% in the past year, even after today’s dip.