🔴 WTC.AX is trading 4.7% down today following a sharp reversal from its post-resignation rally

WTC.AX is trading 4.7% down at $35.60 as the stock undergoes a sharp reversal from the gains seen in the previous session.

• Investor focus remains on the departure of Richard White as executive chair of WiseTech Global amid an Australian Federal Police investigation and intense media scrutiny.
• While the resignation was initially greeted as a governance win, the stock remains highly volatile as the ongoing controversy continues to weigh on market sentiment.