OK (OKLO) Fingers are 76%. This is me

Wipe Inc. (NYSE: OKLO) is one of them 10 stocks falling off a cliff.

Oklo Inc. closed Tuesday at $51.74, falling 7.59%, tracking more looser market sentiment as investors are in the waiting mode for further catalysts to boost their investment appetite.

Additionally, investors have dropped the position “wait for it to come” following comments from mad money host and former hedge fund manager Jim Kramer.

“Maybe we give it a week and then take a look. But I’m not against Okro,” he said.

In recent news, Oklo Inc. (NYSE: OKLO) announced that its subsidiary Atomic Alchemy Inc. has begun site characterization work at a potential location at the Idaho National Laboratory’s commercial radioisotope production facility.

The Milestone is based on atomic alchemy progress, including previous approvals and contracts, including a memorandum protected by the U.S. Department of Energy Idaho Operations Office (DOE-ID) in 2020.

Engineers are carefully inspecting the latest nuclear fuel technology and conducting laboratory testing.

Site characterization activities include core boring to collect soil and rock samples that provide important data on underground configurations and ensure that production facilities meet strict safety and building code requirements while supporting the production facilities’ design of stringent structural foundations.

While acknowledging Oklo’s potential as an investment, our conviction lies in the belief that some AI stocks hold a greater promise to offer higher returns and limited downside risk. If you’re looking for a very inexpensive AI stock that is also a major beneficiary of Trump’s tariffs and supervision, check out our free report. Best Short-Term AI Stocks.

Read next: Best AI stocks to buy now and According to the billionaire, 30 best stocks to buy now.

Disclosure: None. This article was originally published Insider Monkey.