WiseTech Global Ltd (ASX: WTC) was founded in 1994 by Richard White to provide software to the logistics sector. Since then it has grown to become a global provider of logistics software, claiming to service 19 of the top 20 logistics companies globally. WiseTech makes money by charging its customers on a ‘per use’ basis rather than as a subscription model. Meaning, WiseTech directly benefits as its customers grow their businesses.
The Afterpay Ltd (ASX: APT) share price and WiseTech Global Ltd (ASX: WTC) share prices have been on a tear these past few days despite further economic concerns sparked by the Coronavirus.
The Australian share market and global stock markets have been rattled by concerns of the Coronavirus outbreak.
The S&P/ASX 200 (ASX: XJO) finished Friday 3.25% lower, following the Dow Jones and NASDAQ 100 indices. WiseTech (ASX:WTC) and Afterpay (ASX:APT) shares were amongst the worst performers.
The Audinate Group Ltd (ASX:AD8) share price was trading 19% lower on Monday at lunchtime after the audio-visual software business provided its latest batch of results to investors.
The S&P/ASX 200 (ASX: XJO) finished the day trading 0.25% higher. Coca-Cola Amatil Ltd (ASX:CCL), WiseTech Global Ltd (ASX:WTC) and Perpetual Limited (ASX:PPT) made waves.
The WiseTech Global Ltd (ASX:WTC) share price was trading 22% lower today after releasing its half-year financial report.
Popular tech stock WiseTech Global Ltd (ASX: WTC) has made its first acquisition for the year. Here’s what you need to know.
The WiseTech Global (ASX:WTC) share price is up after the technology company announced another acquisition.
The WiseTech Global (ASX:WTC) share price has fallen over 4% after the company gave FY20 guidance at its annual general meeting (AGM).