Impinj Stock Plunges 21% in a Month: Hold Tight or Time to Let Go?

Impinj (PI) shares have plunged 21.3% over the past month, underperforming the Zacks Computer and Technology sector, The Technology Select Sector SPDR Fund (XLK) and the S&P 500 index’s return of 1.2%, 2.5% and 1.8%, respectively. Impinj has also underperformed its Zacks Electronics – Semiconductors industry’s decline of 3.7%.In this context, Impinj’s persistent decline raises the question: Is it time to part ways with this underperforming RFID technology leader?Geopolitical Risks & Excess Inventory Hinder ...