Why Impinj Stock Dropped Today
Impinj (NASDAQ: PI) stock tumbled 7% through 11:55 a.m. ET Wednesday despite hinting last night that it might beat analyst forecasts for Q4 sales.
Analysts expect the Internet of Things stock to report sales of less than $92 million for the quarter, but Impinj reminded that its own guidance was for $90 million to $93 million -- and it expects to land toward the high end of that range.
Source Fool.com
Impinj Inc Stock
€88.86
5.030%
With 22 Buy predictions and not a single Sell prediction Impinj Inc is an absolute favorite of our community.
With a target price of 148 € there is a hugely positive potential of 66.55% for Impinj Inc compared to the current price of 88.86 €.
