11/22

Axon Stock Flat Despite Goldman Sachs Growth Stock Highlight

Axon Enterprise, Inc. (AXON) shares are up 0.91% to $637.04 as of 1:49 pm on Friday, compared to its previous close of $631.27 on November 21st. The stock's modest rise today comes amid a broader market focus on growth stocks, with Axon being highlighted as a top growth investment by Goldman Sachs. The investment bank's recent report underscores the strong investor interest in large-cap stocks, particularly those involved in artificial intelligence, which has been a significant driver of market returns. Axon's robust growth trajectory, marked by a 32% year-over-year revenue increase in Q3 2024, continues to attract attention.