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Here's Why WiMi Hologram Cloud Stock Soared Again Today


Shares of WiMi Hologram Cloud (NASDAQ: WIMI) soared on Tuesday. As of 3 p.m. EST, the stock was up about 14%. And some would have you believe it's somehow related to former President Barack Obama. Hold on to your saddles, partners; this is going to take some explaining.

A press release today highlighted President Obama's love of all things technology. It pointed out his recent appearance on Oprah Winfrey's talk show. (He looked like he was present in the room with Oprah when in fact he wasn't.) The article then transitioned from Obama to talk about augmented reality (AR) in general and WiMi's vision for its business.

Image source: Getty Images.

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Source Fool.com

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