Impinj Faces New Week After Friday Loss
Impinj Inc. heads into the new week with its shares looking to hang on to a steep May recovery. The RFID-chip maker took a hit Friday, giving up some gains at the end of a strong week for U.S. tech stocks. The Nasdaq stock ended Friday down 3.75% at $151.00 on roughly 375,750 shares changing hands. Shares had jumped 6.57% Tuesday, but then slipped for three days. Still, the stock closed a bit higher than its May 22 finish of $149.76.