It's been an incredible month for shareholders of XERO FPO NZ (ASX: XRO), who have watched the stock rise a staggering 56% over that time. That's more than 7 times the 7.6% return the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has managed during the same period.
The stock's stunning performance can be seen on the chart below.
Source: Yahoo! Finance
Indeed, the stock has jumped another 6.2% this morning, complementing yesterday's meteoric rise which came after the company managed to secure two investments worth more than US$110 million combined. Earlier in the month, the New Zealand Securities Exchange even issued a 'speeding ticket', querying why the stock was suddenly surging (to which Xero confirmed it was unaware of any reason behind the market's behaviour).
