WiseTech Global stock slides 4.7%: AI job cuts, CEO buy and dividend dates now in focus
WiseTech Global shares fell 4.7% to A$45.29 Monday after recent volatility and ongoing scrutiny over its AI-driven overhaul and 2,000 planned job cuts. CEO Zubin Appoo purchased A$1 million in shares last week. The company reaffirmed FY26 revenue guidance and reported a half-year net profit of $68.1 million. Tech stocks lagged as broader markets held steady.