How Impinj, Inc. Stock Fell 25.4% in November
Shares of RAIN RFID specialist Impinj fell 25.4% in November 2017, according to data from S&P Global Market Intelligence. The stock plunged as much as 35% lower in a single day, following the release of a disappointing earnings report. The company has several dozen RFID-reader pilot programs going on, with more coming up in the next few quarters. But clients large and small have hesitated to pull the trigger on their implementation plans quite yet. Impinj's technology is poised to improve distribution, inventory, and project-assets tracking in a big way, across industries ranging from retail goods to healthcare records.
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