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Stock impact report

Impinj Stock Plunges 21% in a Month: Hold Tight or Time to Let Go? [Yahoo! Finance]

Impinj, Inc. (PI) 
Last impinj, inc. earnings: 4/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.impinj.com
Company Research Source: Yahoo! Finance
In This Article PI Impinj PI shares have plunged 21.3% over the past month, underperforming the Zacks Computer and Technology sector, The Technology Select Sector SPDR Fund XLK and the S&P 500 index's return of 1.2%, 2.5% and 1.8%, respectively. Impinj has also underperformed its Zacks Electronics – Semiconductors industry's decline of 3.7%. In this context, Impinj's persistent decline raises the question: Is it time to part ways with this underperforming RFID technology leader? Geopolitical Risks & Excess Inventory Hinder PI Growth The recent geopolitical tensions pose a substantial threat to Impinj's revenue streams. China and Hong Kong accounted for 44.4%, 41.7%, 42.5% and 57.6% of Impinj's total revenues in 2024, 2023, 2022 and 2021, respectively. China remains a significant contributor to Impinj's total revenues, but geopolitical uncertainty and tariffs are now disrupting sourcing decisions and causing order delays. Impinj's One Month Price Performance Chart Zacks Show less Read more
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