WiMi Surges After Quantum AI News, Traders Watch Next Moves
WiMi Hologram Cloud Inc. shares traded higher Thursday. The China-based hologram and AR tech company said it’s researching a quantum-computing optimization method. The news gave a bump to the microcap, which has been moving with other quantum stocks lately. WIMI finished the day up 1.86% at $1.64, trading in a range from $1.58 to $1.70. Only 275,550 shares changed hands, much lighter than the average volume listed on Google Finance. The company’s market cap stood near $30.15 million.