AXON is trading at $537.78 (5.3% up) as it extends a sharp two-day rally. - The rally was initially fueled by reports of Donald Trump acquiring between $1 million and $5 million in Axon stock in February. - This acquisition came weeks before U.S. Immigration and Customs Enforcement (ICE) reportedly issued a request related to a $220 million Taser purchase, with specifications closely matching Axon's products. - The stock is also benefiting from a broadly constructive market backdrop and firm risk appetite in high-growth names, aligning with broader gains in the Nasdaq.