Why Axon Enterprise Stock Fell in February

The February sell-off in shares of Axon Enterprise (NASDAQ: AXON) began on fears that the company's long streak of quarterly beats might be coming to an end. That didn't happen, but the stock never recovered post-earnings.

Shares of Axon ended the month down 19%, according to data provided by S&P Global Market Intelligence.

Axon has been a fantastic growth stock, up more than 550% over the past five years. The company sells tasers, body cameras, and software systems to local law enforcement agencies, and has done a great job through the years of both adding to its customer count and finding new products to offer existing clients.

Source Fool.com