I think the sheep thought XRO had an earnings downgrade and got mixed up with a broker downgrade, which had little substance other than disapointing USA expansion. Broker downgrades are meh! as are there upgrades.
Sounds to me from the CEO they have not even been putting that many resources into USA as they are concentrating on Australia/ NZ and secondly Britain. He said they are working on capturing this market first, there is plenty of time to grow in America.
Xero on its way to more than a pure accounting play!, page-81
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Last
$136.40 |
Change
0.960(0.71%) |
Mkt cap ! $20.81B | |||
| Open | High | Low | Value | Volume |
| $136.52 | $137.38 | $135.44 | $36.87M | 270.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 178 | $136.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $136.40 | 768 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| XRO (ASX) Chart |