Why Oklo Inc. (OKLO) Performed Worst On Monday?

Insider Monkey
22 Apr

We recently published a list of 10 Firms Mirror Wall Street Bloodbath. In this article, we are going to take a look at where Oklo Inc. (NYSE:OKLO) stands against other best worst-performing companies on Monday

Wall Street kicked off the trading week on a sour note anew as investors continued to digest the impact of President Donald Trump’s tariff policies and his criticism of the Federal Reserve.

The tech-heavy Nasdaq fell the most among the major indices, down 2.55 percent, followed by the Dow Jones at 2.48 percent, and the S&P 500 at 2.36 percent.

Ten companies mirrored the market bloodbath, booking significant losses during the day. In this article, we have listed the 10 worst-performing companies on Monday and detailed the reasons behind their declines.

To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.

Sergey Nivens/shutterstock.com

Oklo Inc. (NYSE:OKLO)

Shares of Oklo tumbled by 7.23 percent on Monday to close at $20.39 apiece as investors sold off positions while digesting news that the Department of Energy (DOE) is looking to slash its budget for clean energy projects by $10 billion.

The news weighed down on investor sentiment on fears that the budget reduction, as triggered by Elon Musk’s Department of Government Efficiency, could result in lower government contracts and programs for clean energy, as well as job losses.

Although a clean energy company with zero carbon emissions, OKLO stands out as one of the firms fueling artificial intelligence through partnering with data centers for energy supply.

Nuclear projects in general are among President Donald Trump’s preferred energy solutions for their promising capability to power AI and the US manufacturing sector.

Just recently, OKLO sealed a deal with RPower to deploy a phased power model for data centers. The model combines immediate energy deployment using RPower natural gas generators with a transition path to clean, reliable energy from Oklo’s Aurora powerhouses, eliminating reliance on diesel generators and supporting scalable, sustainable operations.

Overall, OKLO ranks 10th on our list of worst-performing companies on Monday. While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OKLO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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