Business
The Xero (ASX:XRO) share price is up 82% in 2020
Although the Xero Limited (ASX: XRO) share price is underperforming on Tuesday, it isn’t taking any of the shine off its incredible performance in 2020.
Since the start of the year, the cloud-based business and accounting software platform provider’s shares are up an impressive 82%.
Why is the Xero share price beating the market in 2020?
There have been a number of catalysts for Xero’s strong share price gain in 2020.
One of the main catalysts has been the company’s strong performance during the COVID-19 pandemic.
Despite the disruption that small businesses have faced from the crisis, this hasn’t been able to put a dampener on Xero’s growth. In fact, its subscriber numbers have continued to grow as though there was no…
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