Rick Smith, CEO of Axon Enterprises.
Adam Jeffery | CNBC
Shares of law enforcement supplier Axon Enterprise spiked more than 18% on Monday after protests against police brutality turned violent in many cities across the country.
Axon, formerly known as Taser International, sells electrical weapons and body cameras for law enforcement officers. The stock’s jump on Monday followed a gain of 3.8% during Friday’s session.
The company was one of several that Oppenheimer identified in a note as providing technology that could be beneficial in reforming government agencies, such as police departments. The firm’s analysts praised Axon’s CEO, writing, “CEO Rick Smith has a company vision and…