Why Pitney Bowes Stock Jumped 51% in January

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Pitney Bowes (NYSE: PBI) shareholders outperformed the market by a wide margin last month. Shares soared 51% in January compared to a 1% downtick in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally added to significant short-term gains for the parcel delivery specialist, whose stock was up over 50% in 2020.

Image source: Getty Images.

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