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Jul
21st
Impinj opens on Nasdaq, shares close up nearly 30 percent

Impinj began trading today on the Nasdaq.

The Seattle RFID-technology company initially began selling the 4.8 million shares of its common stock at $14 per share. The shares, trading under the ticker symbol PI (Nasdaq: PI), closed up more than 28 percent to nearly $18 per share.

When the company announced its intentions to go public in June, officials said they wanted to raise $60 million with the offering but revised that expectation, saying they hoped to bring in as much as $74 million and that?

Added on 07/21/2016

by Business Broker Blog


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