Impinj Falls 36% in 3 Months: Should You Buy, Sell or Hold the Stock?

Impinj (PI) shares have plunged 36.1% over the past three months, underperforming the Zacks Computer and Technology sector and the S&P 500 index’s return of 2.9% and 0.8%, respectively. Impinj has also underperformed its Zacks Electronics – Semiconductors peers, including Ambarella (AMBA) , Marvell Technology (MRVL) and Credo Technology Group’s (CRDO) rise of 29%, 41.6% and 87.6%, respectively.While the recent sell-off has been disheartening for investors, the underlying factors and long-term prospects sugg ...