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-0.00148334329096185 -0.000937390551927283 -0.00201899503492029 -0.0039761840993839 0.0078081542677023 0.00646902490780618 0.000700467665176522 -0.00183357712355011
Stock impact report

Why Axon Enterprise Stock Plunged Week [Yahoo! Finance]

Axon Enterprise, Inc. (AXON) 
Last axon enterprise, inc. earnings: 2/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Instead, the sell-off seemed to be part of a broader wipeout in software-as-a-service ( SaaS ) stocks due to concerns about disruption from AI and lofty valuations in the sector. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » As of Friday at 12:09 p.m. ET, Axon stock was down 19.1% for the week. As the chart below shows, the stock primarily fell on Wednesday and Thursday. A sell-off of this degree without a specific cause is unusual for any stock, especially one as established as Axon, but there was a clear sentiment shift in software this week as industry titans like Microsoft ServiceNow , and SAP all fell double digits after reporting earnings, though their results were mostly in line with estimates. To the extent that software is under threat from AI, Axon seems relatively insulated. The company has built an impressive network of competitive advantages Show less Read more
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