October 9, 2014
Stocks which are blitzing the market today...
The S&P/ASX 200 (INDEXASX: XJO) has thus far delivered one of its strongest single-day performances of 2014 with the benchmark index rising 82 points or 1.6%. The jump comes after a strong session on Wall Street overnight giving investors around the world a chance to catch their breath following weeks of heavy volatility.
However, some individual companies have managed to blitz the market’s returns.
Nearmap Ltd (ASX: NEA) is a provider of aerial photomapping technology to various industries in Australia. After the company announced its maiden profit back in August and provided an optimistic outlook for the year ahead, the stock skyrocketed which led to some profit-taking activity. However, the shares have managed to regain 6.8% of their value today to be trading at 55 cents.
From: https://www.********.au/2014/10/09/3-stocks-which-are-blitzing-the-market-today/
Research report, page-6
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