RTTNews | Jul 9, 2021 10:52AM EDT

10:52 Friday, July 9, 2021 (RTTNews.com) - Connecticut-based technology company Pitney Bowes Inc (PBI), is up 14% on the final day of the week. The company has made no announcements to fuel the rapid rise of the shares.

The shares are currently dealing at $9.30, $1.09, or 13.28% higher than their previous close on Thursday at $8.21. The shares opened at $8.60 in the morning and in the 52-week period, the shares have traded between $2.34 and $ 15.50.

Pitney Bowes is a tech company that provides commerce solutions to both national and global clients. The company recently announced that it will set up its AmbiSort robots in all of its e-commerce hubs. This is supposed to dramatically increase efficiency and reliability and also secure the workforce.

The shares of the company scaled the highest on Friday, since its spike at the end of May.

Read the original article on RTTNews ( https://www.rttnews.com/3208133/pitney-bowes-stock-reaches-3-month-high-up-14.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved