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Here's Why WiMi Hologram Cloud Stock Is Crashing After Posting Impressive Gains

TheMotleyFool

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Here's Why WiMi Hologram Cloud Stock Is Crashing After Posting Impressive Gains

Shares of WiMi Hologram Cloud (NASDAQ: WIMI) are coming back down to earth after an unbelievable rally over the past week. There's no news specific to WiMi to explain the drop, but then again, there wasn't much fundamental reason for the stock's previous rise, either.

As of 12:45 p.m. EDT, WiMi Hologram Cloud stock was down 25%.

Image source: Getty Images.

Source Fool.com

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