Impinj (PI) Tops Q1 EPS by 2c

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Impinj (PI) Gains on Short Covering, Upcoming RAIN Alliance Meeting - RBC

May 5, 2017 12:34 PM EDT

RBC Capital analyst Mitch Steves weighed in on today's big reversal in Impinj (NASDAQ: PI) from -15% to now up ~13%.

After an initiatial negative reaction post the earnings call, Steves noted two things:

First, the company had a ~42% short... More