Why is anyone surprised by this raise? Check the previous announcements. They often have a huge raise around this time of year, can almost set your clock to it!! 24th Nov 2016 - $20m raising 7th Sept 2018 - $70m raising 10th Sept 2020 - $90m raising Also a common use of language has been scaling for growth, now they are accelerating growth........except I doubt there will be much acceleration. Always indicate they will get to break even, then raise and indicate they are chasing growth.
NEA Price at posting:
$2.89 Sentiment: Sell Disclosure: Not Held