Why Impinj Stock Dropped Today
Source: Motley Fool
2026-01-14 12:29:15 ET
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.
Impinj Inc.
NASDAQ: PI
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$3,307,044,132
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