Business
How did WAAAX shares perform this reporting season?
As the reporting season wraps up, WAAAX shares have provided mixed outcomes.
Australia’s answer to the United States’ FAANG shares (Facebook, Amazon, Apple, Netflix, and Google), WAAAX consists of 5 ASX technology shares.
These are WiseTech Global Ltd (ASX: WTC), a logistics platform provider; Afterpay Ltd (ASX: APT), the buy now, pay later behemoth; and Altium Limited (ASX: ALU), an electronics design software provider. It also includes Appen Ltd (ASX: APX), which provides data used in training artificial intelligence (AI) systems, and Xero Limited (ASX: XRO), a cloud-based accounting software provider.
So how have WAAAX shares performed this reporting season? Let’s take a look.
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