Why Axon Enterprise Stock Was Down 15% in July

Why Axon Enterprise Stock Was Down 15% in July

Shares of Axon Enterprise (NASDAQ: AAXN) fell 15.3% in July, according to data provided by S&P Global Market Intelligence. At one point, Axon stock was up 40% for 2020, as people see its product as a way to make law enforcement better. Axon kicked July off by announcing a new contract with the Baltimore Police Department for Axon Records -- a service designed to make filing reports more efficient.