Axon Enterprise Inc. (NASDAQ:AXON) stock rises Monday after a report details a $5 million share purchase by President Donald Trump ahead of an ICE procurement notice.

Axon Enterprise has ramped up lobbying in Congress on federal law-enforcement technology as ICE pursues a potential $220 million Taser deal.

Trump bought up to $5 million in Axon stock weeks before ICE sought a $220 million Taser contract, raising scrutiny, report says.