Impinj Inc (PI)

Overview News Price History Option Chain Why PI Down? Discussions Forecast

Why is Impinj Inc (PI) Stock down?

We've noticed a 5.72% decline in Impinj Inc (PI) stock during the 2024-04-26 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

21 Sep, 2023:

Impinj, Inc. (PI) stocks down 9.99% to $53.71 after the news that Macquarie Group Ltd. has decreased its position in Impinj, Inc. by 18.2%, according to the company’s recent Form 13F filing with the Securities & Exchange Commission.

https://beststocks.com/macquarie-group-ltd-decreases-stake-in-impinj-in/

27 Jul, 2023:

Impinj, Inc. (PI) shares plunged 11.95% to $69.22 after reporting quarterly results. The company reported a $0.33-per-share profit, but GAAP results showed a $0.30-per-share loss. Worst of all, Impinj disappointed investors with a forecast of falling revenue in Q3.

https://www.fool.com/investing/2023/07/27/why-impinj-stock-got-pinched-today/

15 Jun, 2023:

PI's stock fell 6.56% due to investors digesting the company's Investor Day presentation, held after market close yesterday, in which management laid out its longer-term model. Given the stock's high valuation, it had a high bar to clear, and apparently investors were somewhat disappointed. In addition, the Federal Reserve's forecast of potentially more rate hikes hit some growth stocks. The company has more than doubled over the past year, and its valuation seemed stretched.

https://www.fool.com/investing/2023/06/14/why-impinj-plunged-today/