BUZZ - Xero's share price rises on ASX after appointing former Micron CEO to its board

October 11 - ** Shares of Xero (XRO.AX), listed on the Australian Securities Exchange (ASX), once rose by 4.1% to 62.250 Australian dollars, reaching the highest level since September 22

** The New Zealand-based IT company appointed Mark Duncan (link) to its board of directors

** Duncan previously served as CEO of Micron Technology MU.O

** Including the day's fluctuations, the stock has fallen by 45% cumulatively this year

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