We recently published a list of Top 9 AI News and Ratings Sending Shockwaves. In this article, we are going to take a look at where Axon Enterprise, Inc. (NASDAQ:AXON) stands against other top AI news and ratings sending shockwaves.

Axon Enterprise (NASDAQ: AXON) stock is moving lower in Thursday's trading. The company's share price was down 10.9% as of 12:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 0.7%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 0.

We recently published a list of 10 S&P 500 Stocks That Outperformed Bitcoin in 2024. In this article, we are going to take a look at where Axon Enterprise, Inc. (NASDAQ:AXON) stands against other S&P 500 stocks that outperformed bitcoin in 2024.

Shares of Axon Enterprise (NASDAQ: AXON) had plunged over 23% this week as of Thursday afternoon after multiple analysts downgraded the stock, largely due to concerns about its valuation and the falling-out with a partner in the space.

Shares of Axon Enterprise Inc. plunged 16.42% to $593.42 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,144.15 and the Dow Jones Industrial Average rising 0.

Conducted energy devices manufacturer Axon Enterprise (NASDAQ:AXON) was trading lower after Northcoast Research downgraded the stock on competition concerns from its partner Flock Group dba Flock Safety.