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Why Axon's Shares Jumped 25.8% in June

TheMotleyFool

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Shares of law enforcement-products company Axon (NASDAQ: AXON) jumped 25.8% in June, according to data provided by S&P Global Market Intelligence, as the company continued to make progress on growth initiatives. It also didn't hurt that growth stocks recovered last month after falling due to inflation fears through most of the spring.

Axon announced a new partnership with DroneSense to bring situational awareness and drone-management tools to Axon Air. The companies will work to integrate DroneSense into the Axon Evidence and Axon Respond, which are critical tools for first responders using the Axon platform.

Image source: Axon.

Source Fool.com

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