Business
Nearmap (ASX:NEA) share price soars 14% after response to short sellers – The Motley Fool Australia
The Nearmap (ASX:NEA) share price is flying higher today as the company released its response to a short seller article published on Friday.
The Nearmap Ltd(ASX: NEA) share price is soaring today. This comes as Nearmap released its response to a short-seller attack that resulted in it requesting a trading halt Friday afternoon. At the time of writing, the Nearmap share price is exploding by 14.35% to $2.47.
The imaging provider also released its half-year results this morning which included valuable rhetoric on the short-seller saga. Contrary to the short sellers’ article, Nearmap posted record performance in North America.
Short-seller…
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