Why Axon Stock Surged Higher This Week
Axon(AXON) The Motley Fool·2024-08-10 01:13
Led by its Axon Cloud and AI-powered products, the company has more than doubled in value over the last year.Shares of leading public-safety technology provider Axon Enterprise (AXON -1.19%) have risen by 28% this week as of 11:45 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.Axon delivered blockbuster second-quarter earnings results, with revenue growth of 35%, while guiding for full-year sales growth of 29.5% at the midpoint, up from 26% just a quarter ago. Axon's focus o ...