New Police Body Camera Report Could Hurt Axon's Business

Shares of police body camera maker Axon Enterprise (NASDAQ: AAXN) have been on a downhill roll, slipping and sliding 11% over the last few days. This could be due in part to news breaking late last week that the U.S. Securities and Exchange Commission (SEC) has begun examining Axon's financial reports with an eye to reviewing the company's revenue recognition policies.

But the SEC is only part of Axon's problem. An even bigger problem may be brewing for Axon in Washington, D.C.

Image source: Axon Enterprises.

Source: Fool.com