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Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating MicroCloud Hologram, Inc. for potential violations of securities laws

1. MicroCloud Hologram is under investigation for potential securities fraud. 2. Nvidia CEO's comment led to a 30% drop in MicroCloud's stock. 3. Wolf Haldenstein is experienced in handling shareholder rights litigation.

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Why Bearish?

The investigation indicates potential misconduct, causing investor confidence issues.

How important is it?

Legal challenges can significantly impact stock performance and investor outlook.

Why Short Term?

Immediate investigation news typically impacts stock price quickly.

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NVDA
PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION NEW YORK, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MicroCloud Hologram, Inc (NASDAQ: HOLO) (“MicroCloud”), The investigation concerns whether MicroCloud and certain of its officers and/or directors have engaged in securities fraud.    PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION MicroCloud is a leading holographic digitalization technology service prover in China in terms of revenue and the number of total intellectual property rights. On January 8, 2025, Nvidia CEO Jensen Huang stated that “useful quantum computers” are at least 20 years away. Following these comments, share of MicroCloud fell by 30% on the same date. Wolf Haldenstein has experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas, and offices in New York, Chicago, Nashville and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly lauded by the courts, which have appointed it to major positions in complex securities, multi-district and consolidated litigation. If you wish to discuss this investigation or have any questions regarding your rights and interests, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com. Contact: Wolf Haldenstein Adler Freeman & Herz LLPGregory Stone, Director of Case and Financial AnalysisEmail: gstone@whafh.com or classmember@whafh.comTel: (800) 575-0735 or (212) 545-4774 This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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