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Can't TASER Investors Count?

By Rich Smith - Apr 19, 2013 at 4:40PM

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A surge in stock price is inspired by some... truly trivial news.

TASER International (AXON -2.30%) stock soared earlier this week after the company announced a sizable sale of stun guns to the San Diego Sheriff's Department. But was the run-up justified?

In the video below, Fool contributor Rich Smith crunches the numbers and asks, "Why do TASER investors think that a $208,000 profit makes TASER stock worth $13 million more than it used to?"

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