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Nearmap share price rebounds to gain 32% in August to date – Motley Fool Australia

The Nearmap share price is up 32% in August so far, following a 12% surge in today’s trading.



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The Nearmap Ltd(ASX: NEA) share price is up 32% in August, after its shares gained another 12% in today’s trading.
The rally is enough to put Nearmap’s share price up 20% year-to-date. And shareholders who bought at the 25 March low, following the COVID-19 driven ASX rout, would be sitting on a gain of 250% today.
By contrast, the S&P/ASX 200 Index (ASX: XJO) is down 8% for the calendar year and up 35% from its March lows.
What does Nearmap do?
Founded in Perth in 1998 in Perth, the comp…

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