Why Axon Enterprise Stock Is Plummeting This Week
Shares of leading public safety technology company Axon Enterprise (NASDAQ: AXON) are down 18% as of 1 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.
Axon reported solid third-quarter earnings on Tuesday, but adjusted earnings per share fell short of Wall Street's expectations, so the stock slid this week.
Regardless of the market's reaction, Axon delivered sales growth of 31%, marking its seventh consecutive quarter of an increase above 30%.
Source Fool.com
Axon Enterprise INC Aktie
468,60 €
-0,59 %
Die Community bevorzugt leicht Axon Enterprise INC mit mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 700 € für Axon Enterprise INC bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 468.6 €.
