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
Axon Enterprise INC Stock
€469.50
-2.370%
Our community is currently high on Axon Enterprise INC with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 700 € shows a positive potential of 49.09% compared to the current price of 469.5 € for Axon Enterprise INC.
