MicroCloud Hologram Stock Jumps 19% Following AI Development Announcement

(RTTNews) - MicroCloud Hologram Inc. (HOLO) stock is gaining 19 percent during Monday morning. The stock's significant rise comes after the company announced plans to adopt DeepSeek's newly released R1 model for its holographic AI application.

HOLO is currently trading at $1.78 up 14.74 percent or $0.23 on the Nasdaq. The stock closed at $1.55 yesterday and opened today at $2.57. It has since fluctuated between $1.75 and $2.59.

Over the past year, the stock's price has ranged from $1.23 to $1,968.00. Currently, it is trading at $1.82, up by $0.27 or 17.42 percent from the previous close. The stock has traded 172.76 million shares so far today, exceeding its average daily of 17.40 million shares.

The application is expected to enhance HOLO's technological capabilities, improving the creation and interaction with holographic digital content.