(Reuters) – Shares of WiseTech Global sky-rocketed on Friday after its billionaire founder and CEO Richard White stepped down but decided to stay at the firm in a consulting role after a series of damaging allegations about his personal life.
The Australian tech firm’s stock gained as much as 22.1% to A$121.33, set for its strongest trading session since August 2021.
(Reporting by Rishav Chatterjee in Bengaluru; Editing by Alan Barona)
