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AAXN - Dealing With Axon Enterprise's Share Price Volatility
Axon Enterprise
In October, I shared a suspicion my investment club would choose to retain our shares in Axon Enterprise (AAXN) even though the company's stock had dropped approximately 30% from its 52-week high of $74.93 on June, 24, 2019. We embraced Benjamin Franklin's emphasis on knowledge and reviewed Axon's history, performance, plans and growth potential.
"An investment in knowledge pays the best interest."
Our inclination to hold tight was validated when Axon reported third-quarter results on November 7th. Revenue of $130.8 million set a quarterly record, exceeded the company's guidance of a