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Why Impinj Stock Was Plunging Today


Shares of Impinj (NASDAQ: PI) were taking a dive after the RAIN RFID (radio-frequency ID) specialist came up slightly short of fourth-quarter estimates slightly and its guidance for the first quarter missed the mark.

As of 12:14 p.m. ET, the stock was down 21.4% on the news.

Image source: Getty Images.

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Source Fool.com

Impinj Inc Stock

€119.20
-3.210%
Heavy losses for Impinj Inc today as the stock fell by -€3.950 (-3.210%).
With 18 Buy predictions and not the single Sell prediction the community is currently very high on Impinj Inc.
With a target price of 154 € there is a positive potential of 29.19% for Impinj Inc compared to the current price of 119.2 €.
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