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Why Impinj (PI) Shares Are Sliding Today

What Happened? Shares of RFID manufacturer Impinj (NASDAQ: PI) fell 8.3% in the afternoon session after UBS initiated coverage on the stock with a Neutral rating and a $200 price target, citing concerns about near-term growth challenges.  The…
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Why Impinj (PI) Shares Are Falling Today

What Happened? Shares of RFID manufacturer Impinj (NASDAQ: PI) fell 10.2% in the morning session after the company's in-line fourth-quarter revenue guidance overshadowed its third-quarter earnings beat.  Impinj reported strong third-quarter…