Amazon-Whole Foods Deal Lifts Impinj Stock; IDT Gets Price-Target Hike

XAutoplay: On | OffAmazon.com's (AMZN) planned purchase of Whole Foods Market (WFM) boosted shares of tracking-chip maker Impinj (PI) on Friday on hopes that it could lead to a big new customer for its products.

Amazon recently joined the RAIN Alliance, a cooperative body that Impinj runs to promote radio-frequency identification (RFID) tagging. Impinj and Amazon also are co-hosting a RAIN Alliance meeting July 18 to 20 in Seattle. But it's unclear to what extent Amazon plans to use Impinj...

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