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WiseTech shares plunge after Australia executes search warrant for documents

BUZZ-WiseTech shares plunge after Australia executes search warrant for documents

** Shares of WiseTech Global WTC.AX down 13.2% at A$37.610, their biggest intraday pct loss since June 22

** Co says Australia's competition regulator executed search warrant on the firm and asked for documents related to the supply of global logistics services and software

** Shares were earlier up as much as 1.9%

** YTD, WTC down 43.9%


(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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