Shares of MicroCloud Hologram Inc., which began trading on the Nasdaq yesterday, are trading lower near the end of the market’s regular session.
At 3:39 p.m. ET, the stock was 12.21% lower, at $2.58 per share. On Monday, the stock finished the day with a 64.92% loss, closing at $2.95 per share.
Earlier this month, special purpose acquisition company Golden Path Acquisition Corp. and MicroCloud closed a business combination which took MicroCloud public.
MicroCloud said it focuses on the research and development and application of holographic technology.