Axon Enterprise Shares Drop After Plan to Offer $1 Billion of 0% Senior Notes
By Chris WackAxon Enterprise shares were lower after the company said it intends to offer $1 billion of 0% convertible senior notes due 2031 in a public offering.The stock was down 10%, at $438.87, in morning trade, and is down 42% in the past 12 months.Axon said it expects to grant the underwriter…