Comment / Record WiseTech roars as 'tech firm Mærsk' hits the headlines

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After some back and forth, flirting with new records from earlier this year, WiseTech (WTC) today hit a new milestone: A$64.86 a share. Closing price: A$63.

In short: +28% year-to-date; +42% over a one-year period and; +498.29% since the same day five years ago.

Remarkable. Even more so, for two reasons (we’ll get to Mærsk in a second).

Firstly, since we talked to CEO and founder Richard White on 22 February – closing price then, when results were out: A$58.2 – the stock appreciation ...