Why Axon Enterprise Stock Is Plummeting Today

Key Points Axon posted a sales beat in Q3, but earnings fell far short of Wall Street's target. The business posted 30.6% year-over-year sales growth last quarter, but margins came in weaker than expected. Axon is guiding for another round of robust sales growth in the current quarter, but investors are selling the stock on margin concerns. 10 stocks we like better than Axon Enterprise › Axon Enterprise (NASDAQ: AXON) stock is getting hit with a sharp valuation pullback in Wednesday's trading. The ...