Business
ASX 200 drops 0.8%, Nearmap (ASX:NEA) sinks – Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) dropped 0.8% today. The worst performer in the ASX 200 was the Nearmap Ltd (ASX:NEA) share price, down 14%.
The S&P/ASX 200 Index (ASX: XJO) fell by 0.83% today to 5,859 points after another market selloff in the US on Thursday.
The Nearmap share price was the worst performer in the ASX 200 today. The aerial imaging business returned to trade after its capital raising trading halt.
Nearmap announced today that it has successfully completed a $72.1 million institutional placement. The placement was priced at $2.77 per share, which was at the top end of the placement bookbuild range of $2.69 to $2…
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