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Why Impinj Stock Fell on Tuesday


Shares of Impinj (NASDAQ: PI) took a hit on Tuesday, falling as much as 12.4%. The stock finished the trading day down a total of 10.7%.

Impinj's decline comes after the wireless connectivity company reported its fourth-quarter results. While financial results for the quarter were strong, investors may be concerned with Impinj's outlook for a headwind in its systems business in Q2.

Image source: Getty Images.

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Source Fool.com

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