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STMP - Stamps.Com: Growing Competition Will Continue To Deteriorate Revenue
Stamps.com Inc.
Stamps.com has been on a wild ride. Up until last year, Stamps.com (STMP) was a major benefactor of the "Amazon Effect". The boom in entrepreneurial online selling caused revenue for companies offering streamlined shipping solutions to skyrocket. Stamps.com helps sellers easily buy labels at a discounted price and efficiently process customer orders.
As the boom grew, STMP's price rose from $8 in 2008 to $285 in 2018 and actually outperformed (AMZN) by a decent margin during the end of its price bubble. However, as shown below, STMP's stock price collapsed once