False Base broken - now heading below $2, page-914

Nearmap shares surge strongly today

April 6, 2020 4:38pm

Nearmap Ltd (ASX: NEA)Nearmap shares surged 12.44% today. However, this is on the back of a downward trend in its share price since peaking mid last year, and further falls have also been suffered since the wider market crash began in late February.On a positive note, Nearmap’s recent investments in North America appear to be on track and are beginning to deliver some early encouraging results. Nearmap recently commented that it will also look to other markets in the future, however, its current strategy outside of Australia still remains very much in North America.