Why Impinj Stock Dropped Today
Impinj (NASDAQ: PI) stock tumbled 7% through 11:55 a.m. ET Wednesday despite hinting last night that it might beat analyst forecasts for Q4 sales.
Analysts expect the Internet of Things stock to report sales of less than $92 million for the quarter, but Impinj reminded that its own guidance was for $90 million to $93 million -- and it expects to land toward the high end of that range.
Source Fool.com
Impinj Inc Stock
€103.85
-2.930%
With 20 Buy predictions and not the single Sell prediction the community is currently very high on Impinj Inc.
With a target price of 150 € there is a positive potential of 44.44% for Impinj Inc compared to the current price of 103.85 €.
