A year on, the SMR equity trade has collapsed: Oklo and NuScale both fell sharply
From the Energy digest for 2026-10-14
What happened: Yahoo Finance's retrospective, published October 14, 2026, revisits its own year-old calls — Oklo a buy, NuScale a strong buy "when nuclear fever gripped the market" — and reports both stocks fell sharply as the trade collapsed. The piece is a self-styled scorecard on a hot call, not a new company disclosure.
What's genuinely new: For the storyline memory, this opens a new thread. NuScale appears in memory only inside the Clinch River storyline as TVA's third nuclear track — the ENTRA1 partnership's up to 6 GW of modules remains non-binding with no PPA, and a September 16, 2026 entry noted the stock was down about 75% year over year amid investor-echo coverage. Oklo has no storyline of its own at all. A dated, on-the-record confirmation that the SMR equity leg of the buildout has corrected sharply is a debut storyline, distinct from the fuel-cycle and licensing threads already on file. It also sharpens the standing distinction on this beat: licensing and deployment milestones continue to accrue even as the equities fall.
Watch: Whether the correction draws sceptical follow-ups on the SMR cohort's funding paths (NuScale needs customers beyond the non-binding ENTRA1 track; Oklo has yet to operate a reactor), and whether company milestones in coming windows are reported against a deflated stock backdrop.
Links: Yahoo Finance