Business
Why the Nearmap (ASX:NEA) share price is surging 12% higher – The Motley Fool Australia
The Nearmap Ltd (ASX:NEA) share price is surging higher following the release of a response to a short seller report and its half year update…
The Nearmap Ltd(ASX: NEA) share price has returned from its trading halt and is surging higher this morning. This follows the release of its response to a short seller attack and its half year results.
At the time of writing, the aerial imagery technology and location data company’s shares are up 12% to $2.43.
How did Nearmap perform in the first half?
According to the release, contrary to what short sellers were saying, Nearmap revealed that a record performance in North America underpinned strong…
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