MicroAlgo Stock Surges 8.85% Despite 39.31% Decline in Trading Volume Ranking Second in Daily Gains

On March 28, 2025, MicroAlgo (MLGO) experienced a trading volume of 7.30 billion, marking a 39.31% decrease from the previous day. Despite this, the stock price surged by 8.85%, marking its second consecutive day of gains and a total increase of 46.29% over the past two days.

MicroAlgo's stock price saw a significant boost on Monday, opening 60% higher after the company announced the development of a "deep clustering algorithm based on multi-level feature fusion." This innovative technology is expected to enhance the company's data analysis capabilities, potentially driving future growth and investor interest.

In addition to the algorithm announcement, MicroAlgo revealed plans to issue new shares at $0.8 per share to fulfill a debt obligation. This move is aimed at strengthening the company's financial position and providing liquidity for future operations.