Impinj's RFID Tech Soars, Investors Cheer

Impinjs stock surged by nearly five percent today, driven by investors optimism over the companys impressive growth over the past five years. Key figures show a twenty percent increase in yearly revenue and a nearly fifty percent rise in annual earnings per share, indicating strong profitability and market expansion. Despite a significant share sale by Sylebra Capital, the market views this positive news as important, with Impinjs stock up over fourteen percent since the start of the year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.