WiseTech Shares Plunge Most in Six Months After Revenue Miss

WiseTech Global Ltd shares dropped the most in six months after the Australian shipping software company’s full-year revenue missed analysts’ expectations.

The shares tumbled as much as 18%, the most since Feb. 24, after the firm reported revenue for the year ending June 30 of $778.7 million. The result missed consensus estimates for $796.9 million, according to data compiled by Bloomberg.