Axon Stock Hit By $1 Billion Convertible Amid Cash Flow Squeeze

· finance.yahoo.com

Axon stock tumbled on a convertible bond issue that will avoid high interest rates and reload the war chest but points to future dilution.

Axon Enterprise (AXON) failed to bounce early Wednesday, a day after being among the biggest S&P 500 losers on Tuesday, as investors reacted negatively to its p...


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