Impinj (PI) Stock Skyrockets on RFID Boom: Near Record High as Analysts Boost Targets
Stock Soars on RFID Hopes Impinj stock skyrocketed on Thursday, Oct. 23, jumping roughly 15–18% by midday to an intraday high around $232.29 ainvest.com. This surge brought the Seattle-based tech company’s shares within a hair of their all-time peak ($234+), extending a remarkable rally in recent months. Impinj – a leading provider of RAIN RFID solutions for connecting everyday items to the internet – has seen its stock price more than double since the summer, buoyed by accelerating demand for its wireless tracking chips and tags. The one-year chart tells a volatile tale: after touching a low of about $60