Axon Enterprise Stock: Is AXON Underperforming the Industrial Sector?

With a market cap of $43.1 billion, Axon Enterprise, Inc. (AXON) is a global public safety technology company that develops integrated hardware and cloud-based software solutions for law enforcement and other first responders. Its two segments: Software and Sensors, and TASER, provide products ranging from body and in-car cameras to conduct energy devices, digital evidence management, and VR training. 

Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Axon Enterprise fits this criterion perfectly. The company serves law enforcement, first responders, justice organizations, and commercial customers.