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ASX 200 drops, Nearmap plunges, Appen declines on Thursday 6 May 2021 – Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) dropped today. The Nearmap Ltd (ASX:NEA) share price plunged and Appen Ltd (ASX:APX) declined.
The S&P/ASX 200 Index(ASX: XJO) dropped by around 0.5% today to 7,062 points.
Here are some of the highlights from today:
The Nearmap share price fell by 23% after investors responded to the legal case relating to patent infringement.
Nearmap said that it was made aware on the morning of 5 May 2021 of a complaint filed against its subsidiary, Nearmap US Inc, in the United States District Court (District of Utah, Northern Division).
The complaint alleges patent infringement relating to the plaintiffs’…
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