Why MicroCloud Hologram (HOLO) Stock Is Rising

MicroCloud Hologram Inc HOLO shares are trading higher by 21.7% to $2.30 during Thursday’s session after the company announced groundbreaking quantum bit rotation-based quantum homomorphic encryption protocol to enhance big data privacy protection.

MicroCloud says this innovation supports real-time encrypted data transmission and asynchronous encryption in complex distributed systems, safeguarding sensitive data in sectors like e-commerce and finance.

Additionally, HOLO introduced the Quantum Privacy Query protocol, which the company says ensures swift, private data queries, benefitting fields like healthcare and finance.

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How To Buy HOLO Stock

By now you're likely curious about how to participate in the market for MicroCloud Hologram – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.

In the case of MicroCloud Hologram, which is trading at $2.02 as of publishing time, $100 would buy you 49.5 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

According to data from Benzinga Pro, HOLO has a 52-week high of $1,968.00 and a 52-week low of $1.23.