Impinj, Inc. shares rise 3.41% intraday after announcing a $150 million private offering of convertible senior notes.

Impinj, Inc. rose 3.41% in intraday trading, with the company announcing a proposed private offering of $150 million in Convertible Senior Notes due 2029. This news event is likely to have a positive impact on the stock, as it indicates that the company is raising capital to fund its growth and expansion.