S&P 500 Gains and Losses Today: Axon Shares Surge as Taser Maker Tops Estimates
AXONAxon(AXON) Investopedia·2024-11-09 06:00

Key TakeawaysThe S&P 500 added 0.4% on Friday, Nov. 8, posting its highest-ever close to end a momentous week that included an election and a Fed rate cut.Axon Enterprise shares surged after the Taser maker beat quarterly estimates, boosted by sales growth for its cloud products, software, and services.Shares of Akamai Technologies dropped as the cloud services provider issued lower-than-expected guidance and announced plans to reduce its workforce. Major U.S. equities indexes ticked higher to wrap up an ev ...