Why Axon Enterprise Stock Is Surging Today

Shares of Axon Enterprise (NASDAQ: AAXN) were soaring Monday as investors reacted to ongoing protests and riots in the country following the death of George Floyd while in police custody last week. Since Axon is a maker of body and dashboard cameras, non-lethal weapons like TASERs, and other law enforcement tools, investors seem to believe that the company and its products could play a role in helping to solve this complex problem.

Axon shares hit an all-time high this morning and the stock was up 17.3% at 10:30 a.m. EDT.

Image source: Axon.

Source Fool.com