Why Pitney Bowes Stock Jumped 51% in January
Pitney Bowes (NYSE: PBI) shareholders outperformed the market by a wide margin last month. Shares soared 51% in January compared to a 1% downtick in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally added to significant short-term gains for the parcel delivery specialist, whose stock was up over 50% in 2020.
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Source Fool.com
