The Traderszone Network

Published in TZ Latest News 13 September, 2017 by The TZ Newswire Staff

Why Impinj Inc. Shares Fell 22% in August

Shares of Impinj (NASDAQ: PI) fell 22.2% in August 2017, according to data from S&P Global Market Intelligence. The provider of radio frequency ID (RFID) chips and RFID management tools reported solid second-quarter results in the first week of the month, but also slashed its full-year order volume guidance due to a few large customers delaying their expected RFID orders into 2018.

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