This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Axon Enterprise Inc. rallied 9.1% to $575.88 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,600.50 and the Dow Jones Industrial Average rising 1.3% to 53,178.41.

This was the stock's second consecutive day of gains.

Axon Enterprise Inc. closed 35.0% below its 52-week high of $885.92, which the company achieved on August 5th.

The stock outperformed some of its peers, as Motorola Solutions Inc. rose 0.3% to $437.19, Sturm Ruger & Co. rose 3.7% to $38.55.

Trading volume totaled 1.1 million, compared to the 50-day average of 1.1 million.

Data source: Dow Jones Market Data, FactSet