STMP Stock Rockets 25% on Q2 Earnings Results

STMP stock

STMP stock is having a solid rally on Thursday after Stamps.com Inc. (NASDAQ:STMP) posted a better-than-estimated second quarter and lifted its guidance for the year.

Robust Earnings

Internet-based shopping and mailing service provider Stamps.com has been in all sorts of trouble after the termination of its exclusive deal with the US Postal Service earlier this year. STMP stock plunged significantly during that time, and eventually, the company had to cut its outlook for 2019.

However, it seems that the painful period is over for Stamps.com for the time being, if its Q2 2019 financial ...

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