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Why Axon Enterprise Stock Surged 34% Last Month

TheMotleyFool

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Why Axon Enterprise Stock Surged 34% Last Month

Shares of Axon Enterprise (NASDAQ: AXON) were climbing last month after the company announced a pair of significant new contracts and benefited from an analyst upgrade. According to data from S&P Global Market Intelligence, shares of the law enforcement technology company finished the month up 34%.

The chart below shows the stock's trajectory for the month as shares started running higher on Jan. 12.