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WiMi Hologram Cloud (NASDAQ:WIMI) Shares Down 2.5% - Here's What Happened

WiMi Hologram Cloud logo with Computer and Technology background

WiMi Hologram Cloud Inc. (NASDAQ:WIMI - Get Free Report) fell 2.5% during mid-day trading on Monday . The company traded as low as $0.77 and last traded at $0.77. 254,878 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 1,596,463 shares. The stock had previously closed at $0.79.

WiMi Hologram Cloud Price Performance

The stock's 50 day moving average price is $0.88 and its two-hundred day moving average price is $0.86.

Hedge Funds Weigh In On WiMi Hologram Cloud

A number of institutional investors and hedge funds have recently bought and sold shares of WIMI. Virtu Financial LLC bought a new position in WiMi Hologram Cloud during the first quarter worth $42,000. XTX Topco Ltd bought a new stake in WiMi Hologram Cloud in the 2nd quarter valued at $45,000. Garden State Investment Advisory Services LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter valued at $178,000. Finally, Symmetry Peak Management LLC bought a new stake in WiMi Hologram Cloud in the 3rd quarter valued at $76,000. Institutional investors own 0.96% of the company's stock.

About WiMi Hologram Cloud

(Get Free Report)

WiMi Hologram Cloud Inc provides augmented reality (AR) based holographic services and products in China. It operates in three segments: AR Advertising Services, AR Entertainment, and Semiconductor Related Products and Services. The company primarily offers holographic AR advertising services and holographic AR entertainment products.

Further Reading

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