ATLANTA, GA – – (Globe Newswire – July 27, 2023) – – Holzer & Holzer, LLC is investigating whether Impinj, Inc. (“Impinj” or the “Company”) (NASDAQ: PI) complied with federal securities laws. On July 26, 2023, Impinj released its financial results for the second quarter ended June 30, 2023, as well as its third quarter 2023 financial outlook, and stated that the Company expects “ongoing headwinds associated with that apparel inventory destocking, as well as weakness in the overall retail macroenvironment, to more-than-offset strength in our enterprise solutions opportunities in the third quarter.” Following this news, the price of the Company’s stock dropped.
If you purchased Impinj stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/impinj/ to discuss your legal rights.