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Fly News Breaks for July 12, 2016
STMP
Jul 12, 2016 | 09:16 EDT
Craig-Hallum analyst Christian Schwab defended Stamps.com following a report yesterday suggesting the company's integration partner Intuiship is potentially violating the terms of its negotiated service agreement with the USPS, which allows Intuiship to provide USPS rate discounts. The company is unaware of any violations of NSAs with any reseller partners and the analyst does not expect any financial impact from the findings in the report. Schwab would use the weakness in Stamps.com as a buying opportunity and reiterates his Buy rating.
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