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Nuclear stocks fall 5% after Piper Sandler issues mixed ratings on Oklo, NuScale, and X-Energy.

Market News
10 Sep 2026
24/7 Wall Street
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Bearish
Nuclear stocks fall 5% after Piper Sandler issues mixed ratings on Oklo, NuScale, and X-Energy.

Shares of advanced nuclear companies Oklo, NuScale Power, and X-Energy each dropped about 5% following Piper Sandler's split rating on the sector, with Oklo receiving a Buy rating and X-Energy a Sell. The sell-off reflects market caution despite federal support and growing demand for carbon-free power, highlighting concerns over differing business models and financing structures. Oklo's approach to owning and operating plants contrasts with X-Energy's asset-light model, influencing investor confidence. The sector's future depends on project milestones and financing success amid volatile sentiment.

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