10 Tech, Energy Stocks Are Wednesday’s Worst Performers

7. Oklo Inc. (OKLO)

Shares of Oklo (OKLO) dropped by 11.46 percent to finish at $26.12 each on Wednesday after Nvidia Corp. Chief Executive Officer Jensen Huang’s recent statement that very useful quantum computers may still be more than 15 years away.

Oklo (OKLO), along with other nuclear energy counterparts, all posted declines. According to Wedbush analyst Dan Ives in an interview with the Wall Street Journal, investors have hoped that the boom in artificial intelligence and data centers would fuel the growth of nuclear energy companies.

In other developments, the sell-off was also partly due to profit-taking after the company rose to an all-time high on Monday, reaching $28.34 each.