Why Axon Enterprise Stock Jumped 15% in August

Shares of Axon Enterprise (NASDAQ: AXON), the maker of Taser stun guns and body cameras, were climbing last month as the tech company posted strong results in its second-quarter earnings report.

According to data from S&P Global Market Intelligence, the stock finished August up 15%.

As you can see from the chart below, nearly all of the stock's gains came when the earnings report came out on Aug. 8.

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Source Fool.com