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Why Impinj Stock Just Popped


Shares of Impinj (NASDAQ: PI) stock, a maker of radio-frequency identification devices (RFID) and software to track them, jumped 7.7% through 9:57 a.m. EDT Wednesday after investment banker Piper Sandler raised its price target on the stock 25%, to $75 a share.

You can thank Walmart (NYSE: WMT) for that.

Image source: Walmart.

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Source Fool.com

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