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0.000277597853243279 -0.00536689182936984 -0.00606088646247803 -0.00449801054871849 -0.00286851115018046 -0.00286851115018046 -0.00286851115018046 -0.00286851115018046
Stock impact report

Why Impinj (PI) Shares Are Plunging Today [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 StockStory Top Pick PI NXPI Why Impinj (PI) Shares Are Plunging Today What Happened? Shares of RFID manufacturer Impinj (NASDAQ:PI) fell 25.9% in the pre-market session after the company reported disappointing fourth quarter results, with revenue slightly missing Wall Street estimates and next-quarter revenue, EBITDA, and earnings guidance falling significantly short. EBITDA also missed, suggesting profits are under pressure, while earnings came in roughly in line. Management is anticipating near-term headwinds, suggesting the company is not out of the woods yet?. Overall, this quarter could have been better. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Impinj? Access our full analysis report here, it's free What The Market Is Telling Us Impinj's shares are very volatile and have had 20 moves greater than 5% over the last year. But moves this big are rare ev Show less Read more
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