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Axon Enterprise (LON:AXON) Stock Price Up 524.2% - Here's What Happened

Axon Enterprise logo with Industrials background

Key Points

  • Axon Enterprise's share price surged by 524.2% during mid-day trading, reaching a high of $133.51 before closing at $818.75.
  • The stock's trading volume significantly declined, with 8,304 shares traded, compared to an average of 726,197 shares.
  • Axon develops and sells conducted energy devices (CEDs) and provides cloud-based software solutions for law enforcement agencies.
  • Want stock alerts on Axon Enterprise? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Axon Enterprise, Inc. (LON:AXON - Get Free Report) rose 524.2% during mid-day trading on Monday . The stock traded as high as $133.51 and last traded at $818.75. Approximately 8,304 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 726,197 shares. The stock had previously closed at $131.17.

Axon Enterprise Price Performance

The firm's 50-day moving average price is $775.16 and its 200-day moving average price is $667.98.

About Axon Enterprise

(Get Free Report)

Axon Enterprise, Inc develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, TASER, and Software and Sensors. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

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