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home / news releases / PI - Why Impinj Stock Soared This Week


PI - Why Impinj Stock Soared This Week

2023-10-26 15:10:07 ET

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.

Image source: Getty Images.

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Why Impinj Stock Soared This Week
Stock Information

Company Name: Impinj Inc.
Stock Symbol: PI
Market: NASDAQ
Website: impinj.com

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