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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

€98.16
-25.060%
Impinj Inc took a tumble today and lost -€32.770 (-25.060%).
Impinj Inc is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 150 € shows a very positive potential of 52.81% compared to the current price of 98.16 € for Impinj Inc.
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