Ceva reorg accelerates as rumours give way to action
On the move
That was quick: only about ten weeks after I covered WiseTech Global (WTC) and its corporate strategy, drawing a parallel with XPO Logistics, the shares of the Australian logistics software developer hit another record high (A$16.45) (US$12.25) on Tuesday, before giving up some gains on profit-taking one day later.
For value hunters, that was a great problem to have on Wednesday – which was forgotten, of course, by Friday, when it beat its previous record by A$0.01. After bottoming in early ...
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