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Why Stamps.com Stock Popped Today

TheMotleyFool

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Shares of Stamps.com (NASDAQ: STMP) were up 19.1% as of 3:30 p.m. EDT Tuesday after the internet-based mailing and shipping services company secured a new partnership with UPS (NYSE: UPS).

In a press release from UPS late Monday, it said it will provide Stamps.com's more than 740,000 customers "access to specially discounted UPS shipping rates," as well as "seamless UPS connectivity for e-commerce fully integrated within their familiar Stamps.com platforms."

Image source: Getty Images.

Source Fool.com

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