Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Stock of the Day for June 16

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Impinj (PI). Impinj Inc.'s shares rose to a record and are headed for their biggest gain this year in response to Amazon.com Inc.'s deal to buy Whole Foods Market Inc. for $13.7 billion. Amazon belongs to a non-profit group that promotes radio-frequency identificationn tags for merchandise, Impinj's specialty. The two companies are co-hosting the group's next meeting, which will take place in Seattle during July.