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Why Cettire, Digico, KMD, and WiseTech shares are falling today

The article from MSN discusses the reasons behind the recent decline in share prices for several Australian companies. Cettire experienced a significant drop after revealing that its sales growth was driven by a surge in orders from a single customer, raising concerns about the sustainability of its revenue. Digico shares fell due to a disappointing trading update, with the company reporting lower-than-expected revenue and profit forecasts for the year. KMD Brands saw its shares decline following a profit warning, where it announced that its annual earnings would be lower than previously anticipated due to weaker consumer demand. Lastly, WiseTech Global shares decreased after the company provided a less optimistic outlook for its full-year earnings, citing delays in product development and integration issues. These updates collectively contributed to a negative market reaction for these companies' stocks.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/money/top-stocks/why-cettire-digico-kmd-and-wisetech-shares-are-falling-today/ar-AA1wxCFp ]