WTC.AX is trading 4.1% up at $34.32 as the stock rebounds amid broader technology sector strength on the ASX.

  • The recovery follows a period of heavy losses linked to an AFP investigation into the company's executive chairman earlier in June, which saw the stock plummet more than 50% year-to-date.
  • Analysts view the current move as a technical rebound within the broader market rather than a response to new company-specific catalysts, as no fresh regulatory or earnings updates have been reported.