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Why Axon Enterprise Stock Jumped 15% in August

TheMotleyFool

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Why Axon Enterprise Stock Jumped 15% in AugustPhoto, wide shot, wide-angle lens, Coal mine, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/25526de2-54da-40ae-ba56-1e25dead3e81.png

Shares of Axon Enterprise (NASDAQ: AXON), the maker of Taser stun guns and body cameras, were climbing last month as the tech company posted strong results in its second-quarter earnings report.

According to data from S&P Global Market Intelligence, the stock finished August up 15%.

As you can see from the chart below, nearly all of the stock's gains came when the earnings report came out on Aug. 8.

Source Fool.com