AXON — Nasdaq-100 index addition

Axon Enterprise (AXON) entered the Nasdaq-100 at the close on Dec 23, 2024, replacing Super Micro Computer. The recorded announcement came 10 calendar days before the effective close, on Dec 13, 2024. The company is classified in Industrials in this dataset.

In the 30 calendar days leading into the effective close, AXON moved +20.4%. The median 30-day run-up among the 14 Nasdaq-100 entries with a recorded announcement and prices for that interval was +12.2%; this stock was 8.2 percentage points above that median. Measured from the effective close, AXON returned 1W: -0.8% versus -2.2% for the 14-entry index median; 1M: +8.5% versus +0.8% for the 14-entry index median; 3M: -11.9% versus +5.6% for the 13-entry index median; 1Y: +16.9% versus +4.4% for the 9-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 2nd of 14 measured Nasdaq-100 additions and beat the benchmark by 6.9 percentage points. At 3M, it ranks 10th of 13 measured Nasdaq-100 additions and lagged the benchmark by 4.8 percentage points. At 1Y, it ranks 4th of 9 measured Nasdaq-100 additions and lagged the benchmark by 6.3 percentage points. Ranks use available returns at the same window, not company size, and do not establish why prices moved.