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Stock impact report

Why Oklo Stock Sank Today [Yahoo! Finance]

Oklo Inc. Class A common stock (OKLO) 
Company Research Source: Yahoo! Finance
10 stocks we like better than Oklo › Shares of Oklo Inc (NYSE: OKLO) fell on Tuesday, finishing the day down 5.3%. The drop came as the S&P 500 and the Nasdaq Composite both had their worst day in months, sliding 2.1% and 2.4%, respectively. Oklo, which is developing small modular reactors (SMRs) , saw its stock decline along with most of the market as investors react to President Trump's attempts to gain control of Greenland. The President threatened to increase tariffs -- 10% starting Feb. 1, rising to 25% by June -- on the U.K. and seven EU allies, unless they support his push to acquire Greenland, an independent territory of Denmark. Beyond equities, Treasury yields spiked, and the dollar weakened amid the escalating rhetoric. The so-called "sell-America" trade has returned, according to some analysts like Ian Lyngen, head of U.S. rates strategy at BMO, who said that "the weakness in U.S. equities and Treasuries following Trump's Greenland rhetoric points toward a return Show less Read more
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