Why Stamps.com’s Stock Jumped 25% in May
The stock of Stamps.com (NASDAQ: STMP) outperformed a surging stock market last month. Shares jumped 25% in May compared with a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
The rally added to significant gains for investors: The stock has more than doubled so far in 2020 while the broader market is down slightly.
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Source Fool.com
