Axon Enterprise Inc. Sees Surge in Stock Amid Nationwide Body Camera Rollout

Axon (AXON) shares surged 4.4% in after-hours trading following the U.S. Department of Homeland Security's announcement to equip every officer in Minneapolis with body cameras. This marks the beginning of a nationwide deployment strategy, which is expected to significantly boost demand for Axon's body cameras. As a leader in integrating hardware devices and cloud software solutions for public safety, Axon is well-positioned to capitalize on this growing demand. The company's market capitalization is $36.54 billion and revenue growth over the past three years has been 26.7%. Despite a negative operating margin, Axon maintains a healthy net margin of 10.05%.