✕

E-Commerce

See all E-Commerce

Enterprise IT

See all Enterprise IT

Mobile

See all Mobile

Security

See all Security

Social Media

See all Social Media

Trends

See all Trends

Newsletters

See all Newsletters

Stock Watch: Stamps.com Falls on Goldman Downgrade

Online postage company Stamps.com (Nasdaq: STMP) fell 31/32 to 4 9/16 Monday following reports that Goldman, Sachs & Co. downgraded the stock to market outperform from trading buy.

Stamps.com shares are down from a high of 98 1/2, set last November. Last week, the stock took a hit when Pitney Bowes, Inc. (NYSE: PBI) said it sued the company for patent infringement.

Stamps.com, based in Santa Monica, California, provides online postage services, including mailing and shipping.

Get Permission to License or Reproduce this Article

Leave a Comment

Please sign in to post or reply to a comment. New users create a free account.

More by Nora Macaluso
view all
One Year Ago: Should E-tailers Drop Nasdaq Before Nasdaq Drops Them?
January 30, 2002
The Amazon Earnings Speculation Story
January 21, 2002
Study: Europeans Ignore Potential of TV-Based Commerce
January 18, 2002
Yahoo’s Quarterly Revenue Falls, President To Resign
January 17, 2002
Jupiter: Online Music Singing a Sad Song
January 15, 2002
Report: PC Owners Stay Offline at Home, Shop at Work
January 10, 2002
Pizza Wars: Papa John’s Expands Online Ordering
January 9, 2002
AOL To Take $60B Charge, Lowers Forecast
January 8, 2002
Tough Choices for Online Brokers
January 4, 2002
Travelocity Cuts Revenue Outlook for Turbulent Q4
January 4, 2002
More in

To earn your loyalty as a consumer, how important is it that a brand provides a personalized experience?
Loading ... Loading ...

E-Commerce Times Channels

Cloud Computing

Cloud Computing

Inflation Triggers Retailers To Reassess SaaS Spending

Cryptocurrency

Cryptocurrency

Avoid Being the Next Victim of Account Takeover Fraud

Cybercrime

Cybercrime

Holiday Season Sees Onslaught of Ransomware, DDoS Attacks

Exclusives

Exclusives

Digital Marketers Take Fragmented Tactics to New Targets

Expert Advice

Expert Advice

MFA Is Broken, Here’s How To Fix It

Hot Topics

Hot Topics

Gmail Creator Predicts AI Will Totally Disrupt Google Search in 1 to 2 Years

M-Commerce

M-Commerce

TikTok Opens Back Door to Integrated Platform Stores, Amazon Competition

Marketing

Marketing

Why Quality E-Gifts Are Smart Business Decisions

Spotlight Features

Spotlight Features

EdTech Developer’s Study Game Approach Aces Med School Testing Curve

More from ECT News Network

TechNewsWorld

Gmail Creator Predicts AI Will Totally Disrupt Google Search in 1 to 2 Years
Gmail Creator Predicts AI Will Totally Disrupt Google Search in 1 to 2 Years
January 31, 2023
Why Tech Jobs Are Vaporizing
Why Tech Jobs Are Vaporizing
January 30, 2023
How To Add a Stunning View to a Home, Office, or Apartment - Anywhere
How To Add a Stunning View to a Home, Office, or Apartment - Anywhere
January 30, 2023

LinuxInsider

New Nitrux Not Up to UI Standards
New Nitrux Not Up to UI Standards
January 30, 2023
Linux Malware Rates Rise to Record Levels Amid Hacker Inconsistency
Linux Malware Rates Rise to Record Levels Amid Hacker Inconsistency
January 23, 2023
Open Source 2022 Wins and Losses
Open Source 2022 Wins and Losses
January 18, 2023

CRM Buyer

Brands Can Profit From These 5 Customer Experience Trends in 2023
Brands Can Profit From These 5 Customer Experience Trends in 2023
January 31, 2023
Salesforce's Suitors
Salesforce's Suitors
January 30, 2023
Zoho Desk Pairs People and Bots
Zoho Desk Pairs People and Bots
January 25, 2023