Shares of Oklo (OKLO, Financial), a nuclear energy company backed by Sam Altman and Peter Thiel, experienced a significant drop, falling over 18% to $19.46. This decline follows the release of the company's third-quarter financial report.
The report revealed a loss of eight cents per share for the quarter. Since the beginning of the year, Oklo has reported an operational loss totaling $37.4 million.