10 Firms Drop on Bearish Statements, Disappointing Earnings

8. Oklo Inc. (OKLO)

Oklo’s (OKLO) share price fell by 9.35 percent on Monday, ending the day at $22.88 apiece after analysts cautioned about the risks of speculating in sectors such as nuclear power and quantum computing, suggesting it could take a long time before these fields generate meaningful returns.

Jim Cramer, host of Mad Money, said that nuclear and quantum computing sectors both have promise someday, but still not enough to justify their current valuations.

He clarified that while he does not view quantum computing as a hoax, he considers the current expectations surrounding the technology to be overly ambitious. The market, according to Cramer, is setting a low bar for progress in this area.