The market's trading higher this year, but some stocks have not been playing along.
News & Analysis: Stamps.com
Stamps.com's stock lost more than 80% of its value in the first half of 2019. However, there are at least three reasons why the company may be able to recover and regain its previous glory.
The online-postage leader delivered solid quarterly results and encouraging news on the USPS reseller-partner front.
An earnings beat, an analyst upgrade, and (let's be honest) just plain investor relief that Stamps.com isn't entirely dead yet.
Things are still really bad. They're just maybe not quite so bad as we thought.
The online postage and shipping specialist is on track with its new strategic direction.
STMP earnings call for the period ending June 30, 2019.
Weight Watchers, GameStop, and Stamps.com surrendered at least 50% of their value over the first six months of the year.
Things went from bad to worse for shareholders of the internet-based mailing and shipping services company last month.
For the second time this year, the share price was halved in a single day.