Chinese Balloon Shot Down Galaxy S23 Ultra: Hands-On Netflix Password-Sharing Crackdown Super Bowl Ads Google's Answer to ChatGPT 'Knock at the Cabin' Review 'The Last of Us' Episode 4 Foods for Mental Health
Want CNET to notify you of price drops and the latest stories?
No, thank you

Downgrade stings shares fell 97 cents, or 18 percent, to $4.56 Monday after Goldman Sachs cut the stock from a "trading buy" recommendation to a "market outperform." (Nasdaq: STMP) has taken its investors on an ugly ride in the past year, falling from a 52-week high of $98.50 in November to a low of $3.50 in August.

In its latest quarter, topped analysts' estimates but still posted a loss of $3.4 million, or 72 cents a share, on sales of $3.7 million.

Including a variety of one-time charges, the company had a net loss of $52.3 million, or $1.09 a share, in the quarter.

First Call Corp. consensus expects it to lose 87 cents a share in its third quarter.

All five analysts following the stock rate it a "buy." provides a variety of Internet mailing and shipping services.