Why Axon Enterprise's Shares Jumped 22.1% Today
Shares of Axon Enterprise Inc (NASDAQ: AAXN) jumped as much as 22.1% in trading Thursday as the market returned to some sort of "normal" trading. There wasn't any significant news out about the company, but that didn't seem to deter buyers of this growth stock. At 3:10 p.m. EDT, shares were still up 15.4% for the day.
Shares of Axon have dropped 30% in the past month as the COVID-19 pandemic has sent the market down as a whole. But sometimes stocks like Axon get thrown out with the bathwater as the market sells off, and that may be reversing course today.
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Source Fool.com
