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.
Source Fool.com