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via finance.yahoo.comBusiness & Companies

Axon Enterprise falls 18% after third-quarter results missed estimates

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Axon Enterprise (AXON) is $312.79, down 18.24% as of Nov 6, 12:51 PM EST. That is a fresh 52-week low area (range $307.00–$665.07), and the market cap is about $25.3B. The Nasdaq rose 1.7% the same day, so this is a company-specific reaction. Still guessing…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock reacts to a weak quarterly print, a company-specific move rather than a market-wide one.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Q3 EPS came in at $1.72 versus $1.91 expected.
  2. 02Revenue was $908.55 million versus $940.02 million estimated.
  3. 03Piper Sandler called it arguably the worst quarter since Axon went public.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Axon Enterprise, Inc.AXONStock319.01 USD+1.41%today -16.61%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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