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Nuclear Stocks Tumble as Piper Sandler Split Rating Triggers Sector Sell-Off

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The Story

News Summary

  • Advanced nuclear stocks slid roughly 5% after Piper Sandler initiated coverage with mixed calls, rating Oklo a Buy and X-Energy a Sell.
  • The sell-off hit the entire small modular reactor sector, overriding bullish demand drivers from AI data centers and hyperscalers like Amazon.
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