Business
The Xero (ASX:XRO) share price is down 10% in 2021: Is this a buying opportunity? – The Motley Fool Australia
The Xero Limited (ASX:XRO) share price is down 10% so far in 2021. Here’s why this could be a buying opportunity for investors…
The Xero Limited(ASX: XRO) share price is out of form again on Tuesday and dropping lower.
At the time of writing, the business and accounting platform provider’s shares are down 3% to $131.97.
This means the Xero share price is now down 10% since the start of FY 2021 and almost 17% from its all-time high.
Why is the Xero share price dropping lower?
Investors have been selling Xero and other tech shares recently and rotating into value and cyclical stocks.
This has led to the S&P/ASX All Technology…
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