Business
Why is the Pointerra (ASX:3DP) share price up 75% so far this year? – The Motley Fool Australia
The Pointerra (ASX: 3DP) share price has been rocketing lately, despite no recent news. We take a look at what’s driving its shares higher.
The Pointerra Ltd(ASX:3DP) share price was trading strongly higher today despite no news out of the company.
Shares in the 3D data operator’s shares were trading up 8.33% at 91 cents at the close of trade today. This means the Pointerra share price has gained a massive 75% since the start of 2021.
Why is the Pointerra share price flying higher?
The release on 29 January of Pointerra’s quarterly report has proved to be a significant catalyst sending shares higher, with 82% gains recorded post announcement.
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