ASX:XRO Archives - Money Morning Australia

25/11/2020

Xero Share Price Retraces on Convertible Note Announcement (ASX:XRO)

At time of writing the share price of Xero Ltd [ASX:XRO] trades at $128.47, down 5.44%. The convertible note (a short-term debt that converts into equity) offering gives the company access to $700 Million US of new capital

Ryan Clarkson-Ledward

12/11/2020

Xero Share Price Soars at the Open Followed by Quick Sell-Off

Back in late August, we reported on a milestone moment for Xero Ltd [ASX:XRO]. Right as the tech superstar hit the $100 per share mark for the first time. Today, the Xero share price has furthered that feat, continuing its 2020 dream run...

Carl Wittkopp

25/08/2020

Xero Share Price Cracks $100 on News of Acquisition (ASX:XRO)

Xero, another of the big winners to come out of the COVID-19 pandemic, recently announced the acquisition of Waddle. This new acquisition combined with the business conditions in the current climate are pushing Xero Ltd [ASX:XRO] ever closer to having a $100 share price...

Carl Wittkopp

13/08/2020

Xero Share Price Could Start to Flatten Out (ASX:XRO)

Xero an online accounting and business software provider, experienced a rapid rise back from the March low. Trading at $89.51 at the time of writing, the Xero Ltd [ASX:XRO] share price looks to be slightly coming off the boil...

Carl Wittkopp

14/05/2020

Xero Share Price Down After Positive Earnings Update (ASX:XRO)

Today Xero Ltd [ASX:XRO], the online accounting and business software provider, announced its annual results and all signs point to a profitable year. The Xero share price rose 11.36% from the previous low on 24 April, yet at the time of writing the price...

Carl Wittkopp

29/04/2020

Appen Share Price Steadies on Guidance: Watch This Price Level

Appen Ltd [ASX:APX], the ‘AI infrastructure’ stock, announced its full-year results in February, showing a 47% increase in revenue for 2019. Holding partnership agreements with Microsoft, Google Cloud, and IBM, the $2.93 billion company is looking to rebound from it's low in March...

Carl Wittkopp

22/04/2020

The Contrasting Fortunes of the WiseTech and Xero Share Price (ASX:XRO)

WiseTech Global Ltd (ASX:WTC) and Xero Ltd (ASX:XRO) offer software solutions to a vast number of businesses. The WTC share price was hammered from 19 September, currently down 64.48% to $13.78. The Xero share price faring better...

Lachlann Tierney

20/11/2019

Three ASX Tech Stocks to Watch in 2020

With the New Year fast approaching, we present three tech stocks to watch in 2020. The tech sector on the ASX has produced some major winners in recent years. Our goal today is to cast a wider net — and hopefully illustrate the enormous potential of the Australian tech sector from an investment perspective...

Ryan Clarkson-Ledward

23/04/2019

Why Xero’s Share Price Hit Record High of $53 Today

Shares of Xero Limited [ASX:XRO] have managed to surpass their price record today, clocking in at just over $53 at time of writing. They are up 42.85% for their one-year return and have climbed $1.86 since today’s market open.