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Axon Prices $1.0B Offering Of 0% Convertible Senior Notes Due 2031, Grants Underwriters $150M Over-Allotment Option

BenzingaBenzinga Newsdesk

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    Company News for Sep 16, 2026

    Several stocks showed significant movement following corporate announcements. Forgent Power Solutions jumped 9.5% after beating earnings estimates, while Skyworks Solutions surged 13.6% on optimism about a Qorvo merger closing by late September or October. Qorvo also gained 9.3%. However, Axon Enterprise slipped 9.8% following plans for a $1 billion debt issuance. Valero Energy rose 3.7% as crude oil prices climbed amid Middle East supply concerns.