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Hot Topic DEALMAKERS
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Xero rated 'underperform'; analyst says ramp-up in expenditure underway - UPDATED: Shares swoon



NBR Staff
Tue, 04 Feb 2014

Xero shares  [NZX:XRO] were down 6.1% to $37.10 in mid-afternoon trading for a market cap of $4.73 billion.

The company has made no announcements today.

Forsyth Barr analyst Andrew Harvey-Green says he's not aware of any particular factor pushing down the price

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NBR Staff
Tue, 04 Feb 2014
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Xero rated 'underperform'; analyst says ramp-up in expenditure underway - UPDATED: Shares swoon
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