MicroCloud Hologram having a HOLOf a Day while Beamr Keeps driving

DENVER, Colo., Feb 16, 2024 (www.247marketnews.com) – We covered MicroCloud Hologram’s (NASDAQ:HOLO) February 7 news when it was trading at $2.35 and experienced a significant short squeeze into the $40+ level.

Holo is squeezing, again, today and the price gains caused multiple trading halts.

HOLO is now trading at $92.50, up $61.50 (+198.39%), on 5.8M shares traded.

Its 52-week range is $1.50 to $113.00. HOLO hit a new 52-week low on February 6 and is now within striking distance of its 52-week high.

“The Association constantly promotes technological innovation, technology export, and industry development in the communications industry, and contributes to the economic development of the communications field. The business unit in charge of the Association is the Ministry of Industry and Information Technology. Under the guidance of the Ministry of Industry and Information Technology, the Association carries out industry management, information exchange, business training, international cooperation, consulting services, etc., with the main objectives of promoting industry technological progress, improving product quality, strengthening economic and technological cooperation between enterprises and institutions, promoting unity, improving the quality of member units and economic benefits, and promoting communication products to meet the ever-increasing global demand and improve competitiveness in the international market.”

We covered Beamr Imaging’s (NASDAQ:BMR) February 12 joint research, with NVIDIA, news, relating to automated video modernization at the ACM Mile-High-Video 2024 conference, when BMR was trading at $3.57 and ran to a new 52-week high of $34.94.

Yesterday, Beamr announced that it raised approximately $13.8 million, less underwriting discounts and other offering expenses, in a $7.00 per share public offering.

BMR is now trading at $12.3456, up $2.3456 (+23.46%), on trading volume of 4,730,843 shares and looks like it may also squeeze.

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