Why Stamps.com Stock Lost 16% in November
Investor worries turned to a potential slowdown once the coronavirus pandemic ends.
Stamps.com is a provider of internet-based postage solutions. Its core service allows customers to buy and print United States Postal Service approved postage using any PC, an ordinary inkjet or laser printer, and an internet connection.
Investor worries turned to a potential slowdown once the coronavirus pandemic ends.
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The online postage company beat earnings and raised guidance. Then its stock collapsed.
STMP earnings call for the period ending September 30, 2020.
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STMP earnings call for the period ending June 30, 2020.
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