Shares of TASER International (NASDAQ: TASR) sank as much as 10% on Wednesday, before recovering to close the day down only 5.2%.
The crazy thing is, TASER actually had good news to report today. Earnings for the fiscal fourth and final quarter of 2016 came in ahead of estimates at $0.12 per share, and revenue exceeded expectations as well — $82.1 million, where Wall Street had been looking for only $71.9 million .