Australia's WiseTech rises on exploring deal to buy US firm
View all comments(0)
WiseTech Global WTC.AX rises as much as 2.9% to A$97.110, highest since February 26
Stock gains ~9% so far this week
Tech firm participating in strategic review of U.S.-based cloud logistics co E2open ETWO.N, following media speculation around a potential buyout
Citi says, "We do see strategic benefits in WiseTech acquiring the Global Trade Management and Logistics businesses from E2Open"
Adds potential deal will help WTC develop new products
Stock last up 1.2%, trims YTD losses to 22%
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Like
Recommended Articles
Featured Tools
Top News
April 2026 CPI Preview: Will Hot Inflation Crush Nasdaq, S&P 500 & NVDA? Explosive Market Reaction Guide

Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying

'Big Short' Burry Doubles Down: Nvidia, Palantir Short Positions Double in Big Bet on AI Bubble Bursting

Is Micron the Next Nvidia? Why the 2026 "Memory Crunch" Makes MU Stock a Top AI Buy

U.S. April CPI Preview: Fed May Abandon Rate Cuts Until 2026?

Tradingkey





Comments (0)
Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.