WiseTech says Australian antitrust authorities raided its office, seeking documents and data as part of an alleged competition law breach probe; WTC falls 8%+ (Angus Whitley/Bloomberg)

WiseTech reported that Australian antitrust regulators conducted a raid on its offices, demanding documents and data in connection with an alleged competition-law breach investigation. The disclosure triggered an immediate market reaction, with WiseTech’s share price dropping more than 8 percent.