ASX:WTCSoftware
WiseTech Global (ASX:WTC) Is Down 6.3% After Hotter Inflation Revives Rate-Hike Fears - What's Changed
Recently, WiseTech Global faced selling pressure as investors reacted to fresh inflation data and rising expectations of interest rate hikes ahead of its late-February half-year results and the Reserve Bank of Australia's policy decision.
The episode underscores how shifts in macroeconomic signals, particularly inflation and rate expectations, can quickly reshape sentiment toward growth-oriented software companies like WiseTech.
Next, we will examine how this inflation-driven reassessment of...