This S & P 500 giant suddenly collapsed by 16% after the high hit. Time to sell me?

The Backing Price for One of My Top Top Is & p 500 Stocks take a shocking dive yesterday (19 February).

Axon Enterprise (Nasdaq: The leading engineer for US security products, who lost more than 16% of its stock value in the case of hours.

One day before before, on Tuesday, shares had hit a new new time for $ 715. But when markets open the next morning, the price began to appear immediately at $ 580.

So what happens – and is this a sign of sales?

Average lowered

The destructive breakdress seems to have been created by analysts of the key research in Northcouast. After Axen deplores its safety relationships, Keith Houited decreased stock from neutral purchases.

It is reported that there are concerns that the herd may change from partner to date. This follows suggestions from an AXON that the herd put the obstacles invisible in accessing data.

“Since the herd has set obstacles to the integration of the information held by the agency, we have made a poor decision to eliminate our existing cooperation,“Ajni spokesman said.

In response, Ceo was overwhelming Garrett Langley said: “The Axon decided that opening and cooperation is no more crisis, and there is no extra cause given to you.”

While the nearest financial impact of evil is enough, long-term effects can be very bad. Failed cooperation can boil the latest Axon’s anxon detection, a body depending on certain data skills.

Reconciliation

Before falling, the Axon is welcomed by technological lovers with its impressive combination of AI and Drone Development. Was less than a month from Goldman Sachs It also repeated the shopping scale in the cell with a $ 700 price target. It is already hit the target this week.

Or for the loss of this week, the price remains more than 120% over the past 12 months.

In Q3 2024, income is $ 544m, an increase of 32% per year. As a result, the security company proposed the full-year-old guidance of approximately $ 2.07bn, representing more than 32% growth.

Now there are fear that those findings may meet, the confidence of shares may come true.

It is difficult to measure the real impact of Flock Fallout. I will not think of one cooperative collapse can move the full price modification. However, if this is just a very big crisis of problems, things can go south.

Sell ​​or hold?

In consideration of an anxon price (P / e) just cross over 180, repairs not all an amazing thing. The highest IP / e is not uncommon for stock (it was more than 100 of the past twelve) but 180 is plentiful.

When The envid You have fallen over the 200 P / E.’s back in 2023, the sharing price dropped about 20% in the following month. Loss has never lasted, up to the top of the following months while its P / E ratio is throwing.

But the Axon is not nvidia and does not only be confident in AI to keep it. If the herd comes up as a difficult competition, it can threaten the anaxons of the anxon and market governance.

In the meantime, I am planning my shares but I thought to sell something if the situation deeper.