---
title: "Watch AXON, MCHP, CHTR, and More"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304859069.md"
description: "Axon (AXON) dropped 18% despite strong earnings, as investors reacted negatively to a $1.2B Skydio investment and weak guidance. Microchip (MCHP) fell 10% due to supply chain constraints despite high revenue growth. Charter (CHTR) reported poor Q3 results with declining operating cash flow and significant customer losses amid broadband competition."
datetime: "2026-11-09T13:25:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304859069.md)
  - [en](https://longbridge.com/en/news/304859069.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304859069.md)
generator: "portal-rs"
---

# Watch AXON, MCHP, CHTR, and More

When a stock has a devastating drop, it creates a potential entry zone for investors.

Axon Enterprise (AXON) fell by 18.18% to close at $313, a new 52-week low. The body cam and drone maker posted non-GAAP earnings of $1.72 a share. Revenue grew by 27.8% Y/Y to $908.55. It increased its stake in Skydio, a firm that makes Drone as first responder, by 37%.

Investors reacted poorly to the $1.2 billion increase in the investment in Skydio. They did not like the guidance either. The firm excluded deals until they were firm. Most worrisome is the changing trend. If people are against surveillance solutions, Axon’s business will weaken.

Microchip Technology (MCHP) fell by 10%, a low not seen since March. It posted a $0.97 EPS on revenue of $1.62 billion (+42.1% Y/Y). Despite a substantial backlog, the high-margin products are unsupported. The supply chain cannot fulfil the demand. Any order cancellations would quickly deplete backlog volumes.

Charter Communications (CHTR) posted weak Q3 results. The falling cash flow from operating activities (down $500M to $4.0M) is among the serious problems. In addition, it lost 233,000 internet customers. It faces competition from firms offering lower-priced broadband subscriptions.

Investors should consider other wireless carriers like Verizon Communications (VZ), AT&T (T), T-Mobile (TMUS), and Comcast (CMCSA).

### Related Stocks

- [AXON.US](https://longbridge.com/en/quote/AXON.US.md)
- [CHTR.US](https://longbridge.com/en/quote/CHTR.US.md)
- [MCHP.US](https://longbridge.com/en/quote/MCHP.US.md)
- [AXUP.US](https://longbridge.com/en/quote/AXUP.US.md)
- [MCHG.US](https://longbridge.com/en/quote/MCHG.US.md)
- [MCHU.US](https://longbridge.com/en/quote/MCHU.US.md)
- [CMCSA.US](https://longbridge.com/en/quote/CMCSA.US.md)
- [T.US](https://longbridge.com/en/quote/T.US.md)
- [TMUS.US](https://longbridge.com/en/quote/TMUS.US.md)
- [VZ.US](https://longbridge.com/en/quote/VZ.US.md)

## Related News & Research

- [Charter targets $2 billion in cost savings as it seeks a return to growth](https://longbridge.com/en/news/304652658.md)
- [These Analysts Revise Their Forecasts On Charter Communications Following Q3 Results](https://longbridge.com/en/news/304890958.md)
- [Axon Stock Falls on Q3 Miss, Guidance, Increases Investment in Drone Response Company Skydio](https://longbridge.com/en/news/304538904.md)
- [Microchip Technology Incorporated $MCHP Stake Increased by Rakuten Investment Management Inc.](https://longbridge.com/en/news/304435981.md)
- [Axon invests $1.2 billion more in drone maker Skydio, lowers annual revenue growth forecast](https://longbridge.com/en/news/304534256.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**