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Stock Market 23 February 2026

WiseTech Global share price sinks 5% as tariff jitters hit ASX tech ahead of results

WiseTech Global share price sinks 5% as tariff jitters hit ASX tech ahead of results

WiseTech Global Ltd slid 5.2% to finish at A$44.63 on Monday, ranking among the bigger losers during a punishing day for Australian tech. The S&P/ASX 200 Information Technology index sank 4.5%, with the broader ASX 200 off 0.61% at 9,026. According to MarketIndex, investor anxiety over valuations and the risk of AI-driven upheaval fueled the selloff. Megaport plunged 17.5%, Pro Medicus fell 8.9%, and Technology One dropped 5.2%.
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