11/22

Axon Shares Flat After-Hours Amid NASDAQ 100 Inclusion Speculation

Axon Enterprise, Inc. (AXON) shares rose 0.16% to $638.00 in after-hours trading, following a close at $636.95 on November 22, 2024. The modest after-hours increase comes amid speculation that Axon could be added to the NASDAQ 100 index. Cantor Fitzgerald's Tracker Quants recently suggested that Axon, along with other companies like MSTR and PLTR, might be included in the index, replacing firms such as SMCI, MRNA, and ILMN. This potential inclusion could be driving investor interest, as being part of a major index often leads to increased visibility and investment from index funds.