Axon (AXON) Stock Trades Up, Here Is Why
Shares of aerospace and defense company AXON (NASDAQ:AXON) jumped 18.3% in the morning session after the company reported strong fourth-quarter results that blew past analysts' revenue, EPS, and EBITDA expectations. This is a relief for a stock that saw drastic recent declines as Wall Street firm Northcoast Research reported that Axon had lost an important partnership and that this former partner could turn into a competitor. As for the quarter, revenue surged 33%, marking Axon's third consecuti