Why Impinj (PI) Stock Is Falling Today
Shares of RFID maker Impinj (NASDAQ:PI) fell 8.3% in the afternoon session after UBS initiated coverage of the stock with a Neutral rating and a $200 price target, citing concerns about near-term growth challenges. The investment firm expressed caution about the company’s prospects through 2026. This view was based on several factors, including uncertainty in…