$10,000 in Axon Stock a Decade Ago Would Be Worth About $329,000 Today. The Stock Is Down Over the Past Year.
What does a 35%-plus slide mean for one of the market's great decade-long compounders?
Overview
Ten years ago, Axon Enterprise (NASDAQ: AXON) was a small-cap company best known for its TASER stun guns. A share cost about $17 when 2016 began. As of this writing, the price is near $553 -- a gain of more than 3,100%, enough to turn a $10,000 investment into about $329,000.
The recent chapter looks nothing like that, though. The stock sits more than 35% below the record closing high of $870.97 it set on Aug. 7, 2025 (almost exactly one year ago). Since that peak, shares have traded as low as $339.01.
Details
And the stock slid again this week after the company's second-quarter report, even with the business still growing 35%.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.