Why Axon, Nucor, and Balchem Stocks Popped 10% on Friday [The Motley Fool]
AXON ENTERPRISES INC (AAXN)
Last axon enterprises inc earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
investor.axon.com/investor-relations
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Source: The Motley Fool
What happened Axon Enterprise ( NASDAQ:AAXN Nucor NYSE:NUE Balchem Corporation NASDAQ:BCPC What do a stun gun maker, a steel company, and a producer of "powders, blended lipid systems [and] juice and dairy bases" have in common? Obviously not much, but these three stocks did have one big thing in common on Friday: They all went up in a big way. Image source: Getty Images. So what Following President Trump's declaration of a "national emergency" verging on a war against microbes Friday, shares of Axon, Nucor, and Balchem jumped 0.%, .8%, and .7%, respectively. It's not entirely clear why these three stocks in particular would react so positively to the President's announcement. The measures described to solve the "national emergency" affected primarily medical pharmaceutical and diagnostics companies and the energy industry None of the three companies named above had any other news of note to report for the day, and only one of them -- Balchem -- has any operations directly touching on
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