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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.
WiseTech (ASX:WTC) has issued a second defence of its business, is the share price a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.36% on Tuesday.
If you invest in stocks today, what return should you expect over the next 10 years?
WiseTech Global Ltd (ASX:WTC) shares were down more than 12% this morning before entering into a trading halt again after research firm J Capital released Part 2 of its short report.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.28% at lunch.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.39% on Friday.
The WiseTech Global Ltd (ASX:WTC) share price will be under the spotlight this week after management responded to the short attack.
The WiseTech Global Ltd (ASX:WTC) share price is down 10% today following the release of a short report from China-based research firm J Capital Research.
Tech stocks like Afterpay Touch Group Ltd (ASX:APT) and Wisetech Global Ltd (ASX:WTC) are flying right now but here are 3 tech stocks you might not have heard of.
