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AAXN - Axon Enterprise: To Trigger Or Not To Trigger
Axon Enterprise
There's an ongoing debate in investing about what to do when a stock's price loses ground. Axon Enterprise (AAXN) is trading in the low $50 range, approximately 30% off its 52-week high of $74.93 on June, 24, 2019. Shareholders may be feeling the pressure to make a decision regarding their Axon investment.
Even considering both sides, one of Peter Lynch's pearls of wisdom should reign supreme.
"Know what you own, and know why you own it."
One side of the debate declares, "If I liked it at $50, I should love it at