Pitney Bowes eyes second best day of the year
ReutersJul 14, 2025 4:44 PM
Shares of shipping and mailing firm Pitney Bowes PBI.N jump 12% to $12.3, hitting their highest since Jan 2021
Stock on track for its biggest single-day percentage gain since late January, if gains hold
More than 4 mln shares exchanged hands on Monday, which is about 17 times its 25-DMA, according to data compiled by LSEG
PBI's short interest stands at 7.4% of free float, with short sellers' on paper losses at $18.6 mln at a price of $12.52 - Ortex data
Including sessions' gains, PBI up more than 70% YTD
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