Pitney Bowes: When Less Is More
Pitney Bowes(PBI) Seeking Alpha·2024-07-08 17:02
Tony Anderson Introduction to Pitney Bowes Pitney Bowes (NYSE:PBI) has a long history, but its most recent one is not very encouraging. The company has been around for 104 years, offering Business Service such as mailing equipment, software, e-commerce technologies and shipment services. The company even owns its own bank, a tribute to the diversity of services it provides. Share price (under)performance Since its peak in 1998, around $66 per share, the company has been in a vicious decline. The last te ...