You have to go all the way back to June 2019 to find the last time Xero Ltd (ASX: XRO) shares were trading below the $60 mark.
Xero finished Monday at $60.08 after dropping another 4.30%, having touched an intraday low of $59.65.
The last time Xero closed below $60 was 28 June 2019, when the shares finished at $59.94.
That’s pretty remarkable when you consider Xero was trading as high as $196.52 in late June last year.
The selling has been relentless recently as well.
Xero shares are now down almost 30% over the past month and around 47% since the start of 2026.
Image source: Getty Images
September has been brutal
What makes the latest slide a little harder to pin down is that Xero hasn’t released…
