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Why Pitney Bowes Stock Just Rocketed 52%


Shares of Pitney Bowes (NYSE: PBI), a small-cap provider of postal delivery solutions, isn't the kind of stock you'd ordinarily expect to blow up 50% in a day, but that's precisely what we're seeing this afternoon: Pitney Bowes stock, up 52% as of 2:45 p.m. EST.

The question is why?

Image source: Getty Images.

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Source Fool.com

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