DBX News and Press, Dropbox Inc From 06/08/21

On Wednesday, June 2, the Wall Street Journal reported that famous activist hedge fund Elliott Management is now the second-largest shareholder of Dropbox (NASDAQ: DBX) , behind founder and CEO Drew Houston. It is unclear what Elliott's plans are with this stake, but if its othe...

Dropbox's full-year 2021 guidance points to approximately 11% CAGR. Dropbox isn't growing all that fast, but its profit margins are the best amongst its peers. Even though the group of peers trades at about 5x forward sales, I make the case that Dropbox is arguably the highest qua...

Elliott Management has acquired a significant stake in Dropbox (NASDAQ: DBX) , according to a report in The Wall Street Journal citing "people familiar with the matter." The activist hedge fund told Dropbox executives that it's the company's largest shareholder, excluding CEO Dr...

Dropbox Inc. ( NASDAQ:DBX ) stock soared 3.92% on Wednesday after news broke that activist hedge fund Elliot Management had taken a huge stake. Wall Street Journal reported that the firm now owns more than 10% of the cloud computing company, making it the second-largest sharehol...

Drobox (DBX) rose 3.8% after activist Elliott Management is said to have taken a stake in the cloud computing company.Elliott Management is said to have the second biggest holding in Drobox after CEO Drew Houston and is in active dialogue with the company, a person familiar told Seeking ...

Paul Singer's Elliott Management has acquired a significant stake in Dropbox ([[DBX]] +5.4%), Wall Street Journal reported citing people familiar with the matter.Elliott claims to be the company's largest shareholder after CEO Drew Houston thereby indicating a more than 10% stake valued at $8...

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Start Time: 13:15 End Time: 13:52 Dropbox, Inc. (DBX) JPMorgan 49th Annual Global Technology, Media and Communications Conference May 24, 2021, 13:15 PM ET Company Participants Drew Houston - Co-Founder and CEO Tim Regan - CFO Conference Call Participants Mark Murphy - JPMorgan Presentation M...

Many high-risk assets such as non-profitable growth stocks and Bitcoin corrected significantly over the past months. As such, the interest in these names looks to be picking up significantly. With valuations still at sky-high levels and (interest) fear not having kicked in fully yet, ...