Streetbeat News

HOLO

MicroCloud Hologram Inc.

https://ir.mcholo.com

Industry

Hardware, Equipment & Parts

MicroCloud Hologram Inc. engages in the research and development, and application of holographic technology worldwide. It also provides holographic digital twin technology services and has a holographic digital twin technology resource library. The company is based in China.

Open

2.42

Mkt cap

46M

Volume

3.4M

High

2.44

P/E Ratio

-0.09

52-wk high

1968.00

Low

2.18

Div yield

N/A

52-wk low

2.18

MicroCloud Hologram's shares were temporarily halted due to a circuit breaker triggered by a downside movement, despite the stock being up 60.3%.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:39 pm

In Thursday's pre-market session, several Information Technology stocks showed significant movement. CCSC Technology, MicroCloud Hologram, WeTrade Group, Confluent, MicroAlgo, and ARM Holdings experienced notable gains, with increases ranging from 20.55% to 108.5%. On the downside, Dynatrace, Digital Turbine, Peraso, MariaDB, SatixFy Communications, and Qualys saw declines between 10.15% and 14.8%. Earnings releases were a common factor influencing these movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 1:05 pm

U.S. stocks saw gains with PayPal, Arm Holdings, MicroCloud Hologram, Alibaba, and Disney being key focuses. PayPal reported a revenue increase and higher payment volumes, despite a stock dip. Arm Holdings' earnings beat estimates with strong demand for CPUs. MicroCloud Hologram's stock soared after announcing its industry association joining. Alibaba's revenue growth missed estimates but increased its share buyback program. Disney invested in Epic Games, aiming for growth across segments.

Portfolio Pulse from Benzinga Neuro

February 08, 2024 | 2:21 am

In Wednesday's after-market session, several Information Technology stocks showed significant movements. MicroCloud Hologram, ARM Holdings, and Confluent were among the top gainers, with notable increases in their stock prices following their earnings reports. Conversely, Axcelis Technologies, SMX, and Digital Turbine were among the top losers, experiencing declines after their earnings releases.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 9:31 pm

U.S. stocks traded higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Yum! Brands reported disappointing Q4 results, missing sales and EPS estimates. MicroCloud Hologram, Glatfelter Corporation, and Aviat Networks saw significant stock price increases, while Triumph Group, The Container Store Group, and Snap Inc. experienced notable declines. Oil prices rose, while gold remained mostly flat.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 7:32 pm

Container Store Group's shares fell by 23% due to weak quarterly results, missing both earnings and sales estimates. Other stocks showed significant movements, with MicroCloud Hologram Inc. leading gainers by 400% after announcing plans to join the Communications Industry Association. Glatfelter Corporation also saw a notable increase after a merger announcement with Berry Global. On the losing side, Snap Inc. dropped by 35.2% following mixed quarterly results, and Sunworks Inc. plummeted by 29.1% after filing for Chapter 7 bankruptcy.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 6:02 pm

In Wednesday's intraday session, 12 Information Technology stocks saw significant movements. Notable gainers included MicroCloud Hologram (HOLO) with a 480.2% increase, and SMX (Security Matters) rising by 93.32%. On the losing end, Presto Automation (PRST) fell by 17.9%, and Phunware (PHUN) dropped by 17.41%. Aviat Networks (AVNW), ePlus (PLUS), and Viasat (VSAT) reported their quarterly earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 5:31 pm

U.S. stocks traded higher with the Nasdaq Composite gaining over 100 points. Information technology shares rose by 1.1%, while energy shares fell by 0.1%. Crude oil inventories increased significantly. MicroCloud Hologram Inc. joined the Communications Industry Association, causing its shares to surge 450%. Glatfelter Corporation's shares surged 77% after announcing a merger with Berry Global's segment. Aviat Networks reported strong financial results, boosting its shares by 24%. Conversely, Triumph Group, The Container Store Group, and Snap Inc. saw their shares plummet due to disappointing financial results.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 5:08 pm

MicroCloud Hologram Inc. (NASDAQ:HOLO) shares surged by 240% to $5.09 after announcing plans to join the Communications Industry Association to foster IT innovation. This move aims to accelerate the development of new technologies for various industries. Additionally, the company's shares began trading on a split-adjusted basis with a new CUSIP number. Last year, MicroCloud's subsidiary agreed to provide a streaming media control system for China's largest new energy vehicle company.

Portfolio Pulse from Nabaparna Bhattacharya

February 07, 2024 | 3:27 pm

U.S. stocks traded higher with the Dow Jones gaining around 100 points. Uber Technologies reported better-than-expected Q4 sales, with revenue growth of 15% year-on-year to $9.94 billion. MicroCloud Hologram, Glatfelter Corporation, and SMX Public Limited Company saw significant stock price increases. Conversely, Invitae Corporation, CytoMed Therapeutics, and Snap Inc. experienced notable declines. Oil and gold prices traded up, while silver and copper saw decreases.

Portfolio Pulse from Avi Kapoor

February 07, 2024 | 2:58 pm

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