Why Is Everyone Talking About Axon Enterprise Stock?
In February, Axon Enterprise (NASDAQ: AXON) reported full-year 2024 revenue of $2.1 billion, marking its third consecutive year with over 30% top-line growth. The stock soared over 15% on the earnings news, but shares have been volatile along with the rest of the market in the past two months.That said, while the Nasdaq Composite is down double digits year to date, Axon has shown resilience in the face of macroeconomic uncertainty with just a 2% decline. That should already be enough to perk up investors' ears, but the stock's almost 400% return in the past three years is making it impossible to ignore.Image source: Getty Images.Continue reading
In February, Axon Enterprise (NASDAQ: AXON) reported full-year 2024 revenue of $2.1 billion, marking its third consecutive year with over 30% top-line growth. The stock soared over 15% on the earnings news, but shares have been volatile along with the rest of the market in the past two months.
That said, while the Nasdaq Composite is down double digits year to date, Axon has shown resilience in the face of macroeconomic uncertainty with just a 2% decline. That should already be enough to perk up investors' ears, but the stock's almost 400% return in the past three years is making it impossible to ignore.
Image source: Getty Images.