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Last week I started writing an article on STMP where my recommendation was to short the stock as I valued STMP shares at $85. However, with the recent jump to $150 and a new agreement with UPS, I had to review my analysis. This article will provide a glance at STMP’s business, its value and the risks surrounding STMP.
Stamps.com (STMP) stock dropped from $280 at the end of November 2018 to $200 by February 2019 due to a stagnation in customer growth. Then it dropped even further to $35 as