Axon Enterprise (NASDAQ: AXON) reported first-quarter 2024 outcomes not too long ago and the corporate’s development trajectory continued, however the inventory took a breather for the primary time shortly. Not solely are traders anxious about valuation, however they’re additionally considering the corporate’s potential to develop into new markets like drones, which Travis Hoium covers on this video.
*Inventory costs used had been end-of-day costs of April 7, 2024. The video was revealed on Might 8, 2024.
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Travis Hoium has positions in Axon Enterprise. The Motley Idiot has positions in and recommends Axon Enterprise. The Motley Idiot has a disclosure policy. Travis Hoium is an affiliate of The Motley Idiot and could also be compensated for selling its providers. In case you select to subscribe via their link they’ll earn some more money that helps their channel. Their opinions stay their very own and are unaffected by The Motley Idiot.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
