Pitney-Bowes (PBI): First the CEO Left, now the Strategic Initiatives are Bearing Fruits. The Stock Could Break out Again After the Quarterly Figures
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The resignation of the CEO represented a turning point in autumn 2023 for the small traditional company Pitney-Bowes (PBI) . Founded in 1920, it is a global shipping and mailing company that provides technology, logistics, and financial services to over 90% of Fortune 500 companies. Small businesses, retailers, enterprises, and government agencies around the world rely on Pitney Bowes to reduce the complexity of mailing and shipping letters and packages. The SendTech segment has recently been one of the most important pillars. Here, the company...
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