Connect with us


Shares claim 14-month high after Yellen’s rates backflip – The Australian Financial Review

The S&P/ASX 200 Index rose 27.9 points on Thursday. It was a dramatic session for Nearmap, halted due to legal action after surging 15 per cent at the open.



Article feature image

Shares of Nearmap soared 15 per cent to $2.36 following an after-market revenue upgrade on Tuesday. But they were halted in the morning session when the company sought a suspension from trading pending the disclosure of legal proceedings. The Australian Financial Reviews Street Talk column linked the legal dispute to Eagleview of the US.
Nearmap was also scheduled to appear at the Macquarie Australia Conference after Wednesdays closing bell; its session was cancelled.
Elsewhere, technology stocks…

Click here to view the original article.

Continue Reading

You might also like ...

2 blue chip ASX dividend shares given buy ratings
These were the worst performing ASX 200 shares last week 8 May 2021