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Here's Why WiMi Hologram Cloud Stock Came Roaring Back to Life on Monday

TheMotleyFool

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Here's Why WiMi Hologram Cloud Stock Came Roaring Back to Life on Monday

Shares of Chinese technology company WiMi Hologram Cloud (NASDAQ: WIMI) soared on Monday after an article by MobiusTrend Group highlighted the potential of technology interfaces between computers and the human brain. The stock finished up 34% for the day, although it had been as much as 55% higher earlier in the session.

WiMi stock is roaring back to life after being left for dead. Earlier in the year, it was a multi-bagger trade because of the buzz surrounding hologram technology. But excitement eventually waned, and shares gave back most of the earlier gains -- until today.