After more-than-doubling its value in 2019 year to date, this RFID company stock may be due for a breather.
News & Analysis: Impinj
The potential windfall from a patent-infringement suit has added to Impinj's stock momentum, and shares are now up more than 90% year to date.
The comparisons will get tougher in the second half of the year.
PI earnings call for the period ending June 30, 2019.
The RFID chip maker is starting to show signs of a turnaround.
Shares of the RFID specialist dipped on a new front in the trade war with China.
This ultra-volatile stock often makes big moves on no news at all. That was the case again on Friday.
The RFID specialist crushed Wall Street's expectations in the first quarter.
The company had a strong first quarter, but growth will likely slow down in the second half of the year.
Strong growth and solid guidance gave investors reasons to cheer.