10 Biggest Gainers of Last Week

8. Oklo Inc. (NYSE:OKLO)

Investors snapped up shares of Oklo last week, pushing its share prices up by 20.63 percent to end at $21.52 each from the $17.84 registered on Monday, on news that the company will power 12 gigawatts of Oklo Aurora powerhouse projects by 2044.

Oklo and Switch called the deal a “Master Power Agreement.” Both companies said they would finalize the binding agreements after achieving the project milestones.

According to Oklo CEO Jacob DeWitte, Oklo expects to benefit enormously from Switch’s record of turning visions into reality. “The lifespan of this Master Agreement will allow us to iterate and evolve with Switch, from development to deployment to scaling.”

Switch’s data centers, which power the computing requirements of various companies, are also set to benefit from the clean energy initiative.