Why Axon Enterprise Stock Dropped 13% Today

Shares of Axon Enterprise (NASDAQ: AAXN), the maker of Taser stunguns and also Axon police body cameras, saw its stock devastated in Thursday's sell-off. By the time trading was done, Axon shares ended down 12.8%.

And no, there was no news today to explain why Axon stock, in particular, should have suffered this fate. To find out why Axon sold off, you need to flip the calendar back a few pages.

Image source: Getty Images.

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Source Fool.com