MicroCloud Hologram Inc. Class Action Lawsuit - HOLO

Company: MicroCloud Hologram Inc. (NASDAQ: HOLO)
Class Period: January 10, 2020 - January 10, 2025

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Allegations

The filed complaint alleges that MicroCloud Hologram Inc. made materially false and/or misleading statements and/or failed to disclose that: On January 8, 2025, MicroCloud and several other quantum computing stocks, fell drastically after Nvidia CEO Jensen Huang stated that "very useful quantum computers" are likely 20 years away. Following this news, MicroCloud stock fell over 30% on the same day.

Eligibility

In order to be eligible to join the HOLO class action lawsuit, you must have incurred a loss on shares of MicroCloud Hologram Inc. purchased during the class period listed above.

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