DBX - Dropbox: Too Late For A Successful Turnaround

2024-04-08 17:28:10 ET

Summary

• Dropbox, Inc.'s share price has gone nowhere for more than 5-years now, and for a very good reason.
• The management has failed to secure a key competitive advantage while being busy buying back stock.
• In spite of the cheap valuation, the Dropbox share price is still at risk while also offering limited upside.

Dropbox, Inc. 's ( DBX ) share price has been a major disappointment for investors in recent years. The share price is still trading at levels from late 2018, offering no dividend and experiencing significant volatility over the years....

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