2 ms·
>Axon's stock a year ago was at $354/share. This year at the same time? Its now $760/share. This is a somewhat incomplete picture. PE ratio was also inflated b
by bumby 1y ago
>Axon's stock a year ago was at $354/share. This year at the same time? Its now $760/share.
This is a somewhat incomplete picture. PE ratio was also inflated by 50% in the last year. So the increase in stock price isn’t tracking real earnings.
The larger point is that there may be a misalignment between what is good for a company/CEO and what is good for broader society. To that point, your example is a company that has effectively dodged duty/responsibility when their product kills somebody and pushed that responsibility onto peace officers.