Oklo, Voyager IPO gains, Joby downgraded: Trending Tickers

To watch more expert insights and analysis on the latest market action, check out more Wealth here. Video Transcript 00:00:03 Speaker A Now time for some of today's trending tickers. We're watching Oklo Voyager Technologies and Joby. First stop Nuclear Energy startup, Oklo, is seeking to raise $400 million in a secondary share offering with the option for an additional $60 million. The news comes as the firm announced a likely contract with the Department of Defense.
Wedbush has raised its price target on shares seeing about 10% upside for the stock. 00:00:40 Speaker A Next Voyager Technologies is extending gains after its public debut with shares surging more than 80% on its first day of trading. That follows a $383 million IPO. The Denver-based defense contractor serves both government and commercial clients in the space and national security sectors. Key partners include Palantier, NASA, Lockheed Martin, and the US Air Force.
00:01:19 Speaker A Finally, shares of Joby are falling after a downgrade from Cantor Fitzgerald. The firm cutting its rating to neutral from overweight, saying that while they remain bullish on the electric air taxi industry over the medium to long term, they are more conservative on Joby in the near term due to the recent share price rally. Joby shares have surged 80% from their April lows. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finance's trending tickers page. Related Videos 03:22 Chime CEO Talks Growth As the Fintech Goes Public Bloomberg • 1 hour ago 05:03 Student loan rates & refinancing: What borrowers should know Yahoo Finance Video • 2 hours ago 05:23 Chime IPO: CFO explains what separates fintech firm from banks Yahoo Finance Video • 2 hours ago 00:53 US dollar slips, GameStop sinks, Datadog upgrade Yahoo Finance Video • 2 hours ago View Comments