Why Impinj Stock Soared This Week
Shares of Impinj (NASDAQ: PI) were soaring this week after the maker of radio-frequency ID (RFID) chips and related tracking systems posted better-than-expected results in its third-quarter earnings report. The results also reassured investors after the company posted disappointing numbers earlier in the year.
According to data from S&P Global Market Intelligence, the stock was up 31.7% for the week through 2:10 p.m. ET on Thursday.
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Source Fool.com
Impinj Inc Stock
€146.70
6.580%
The stock is one of the favorites of our community with 24 Buy predictions and 1 Sell predictions.
As a result the target price of 174 € shows a slightly positive potential of 18.61% compared to the current price of 146.7 € for Impinj Inc.
