Tim Beyers

Give me your take here, Emily.

What did the street not like about the Axon report?

What did you think of it?

Yeah.

It's an interesting one.

The thing that I thought was super interesting here, Emily, is the effective tax rate was, I don't think I've seen this before, 113.9% is what AlphaSense reported for us here.

I guess the nice thing about that is this is a very profitable

very well-scaled business that just keeps scaling.

But we need to talk about another one.

This is one of my favorite businesses, but the market decided that they were not so happy with Trex.

What happened?

I think it's interesting.

It's hard for me to know whether or not this is competitive issues, if it's channel issues, if it's macro issues.

It feels like it could be any one of those three, Jason.

I guess it could be both.

Yeah, that's a great point.

All right, let's move on to Warby Parker, which was down significantly, primarily for two reasons.

First, and I think this is the one that really left me feeling pretty cold, they missed their own revenue guidance.

Management had guided for...

larger than 15% revenue growth in Q3.