AXON ▼ -9.5% - Axon Enterprise, Inc.
$AXON AXON - Axon Announces Pricing of $1.0 Billion Offering of 0% Convertible Senior Notes Due 2031
Axon Enterprise shares fell 9.5% following the company's announcement of a $1.0 billion offering of convertible senior notes due 2031. The convertible debt issuance, which carries a 0% coupon, increases the company's leverage and introduces potential dilution to existing shareholders if the notes are converted into stock, prompting the sell-off.
16-SEP-2026 12:45 AM ET
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