Why Impinj Stock Is Plummeting Today
Source: Motley Fool
2025-10-30 14:02:01 ET
Impinj (NASDAQ: PI) stock is getting hit with a big sell-off in Thursday's trading. The radio-frequency-identification (RFID) company's share price was down 9.7% as of 1 p.m. ET amid a 0.3% decline for the S&P 500 and a 0.9% drop for the Nasdaq Composite .
Impinj stock is losing ground despite posting better-than-expected quarterly results yesterday. The company's forward guidance and the outlook on interest rates appear to be driving the valuation pullback.
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Impinj Inc.
NASDAQ: PI
PI Trading
3.72% G/L:
$143.86 Last:
58,081 Volume:
$144.19 Open:
PI Latest News
PI Stock Data
$3,307,044,132
26,482,957
5.28%
134
N/A
Semiconductors and Equipment
Technology
US
Seattle
