Axon Enterprise Inc. (NASDAQ: AXON) shares continue to rise following reports of a $5 million asset purchase by President Trump ahead of a $220 million ICE 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.