Energy Fuels shares fell 9% amid a coordinated selloff of uranium miners and advanced reactor stocks, with Oklo and Centrus Energy also down about 5%. The selloff reflects investor caution as these companies are still years away from generating expected revenues, despite conditional federal financing support for Energy Fuels. The broader uranium ETF dropped 5%, signaling targeted selling in the nuclear sector. Investors will watch if Energy Fuels secures its $725 million conditional financing and whether the nuclear group stabilizes, which could ease pressure on these stocks.
As of Oct 08, 2026 01:11 WIB, Oklo shares trade near their 52-week low at USD 36.66, down 4.90% for the day, while Centrus Energy is also close to its 52-week low at USD 145.79, down 5.26%. The Global X Uranium ETF, although down 4.64%, remains above its 52-week low at USD 39.86. This shows that despite the selloff, uranium and reactor stocks like Oklo and Centrus are still near their lowest levels in the past year on Pluang, reflecting ongoing investor caution.
Oklo's stock has fallen 46.25% in 2026 due to heavy share issuance and increased spending, despite analysts projecting nearly 100% upside and some, like Tigress Financial, forecasting up to 237% gains. The company is developing the Aurora sodium-cool...
Google's agreement with Constellation Energy to fund efficiency upgrades at existing nuclear reactors has sparked a rally in nuclear stocks, especially among small modular reactor developers like NANO Nuclear Energy, Oklo, and NuScale Power. These co...
Oklo's shares have dropped nearly 70% over the past year, but the company achieved a key milestone when its Groves isotope reactor reached first criticality in August 2026, less than a year after construction began. This progress, along with a $3 bil...
