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DBX News and Press, Dropbox Inc From 06/30/21

Stock Information

Company Name: Dropbox Inc
Stock Symbol: DBX
Market: NASDAQ
Website: dropbox.com

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DBX - Shares of Dropbox Inc (DBX) Rise Above Previous 52-Week High

Dropbox Inc (NASDAQ:DBX) traded at a new 52-week high today of $30.53. Approximately 878,000 shares have changed hands today, as compared to an average 30-day volume of 6 million shares. Potential upside of 5.0% exists for Dropbox Inc, based on a current level of $30.47 and analysts' ave...

DBX - Dropbox Inc: The Winning Streak Continues (DBX)

Shares of Dropbox Inc (NASDAQ:DBX) traded today at $30.47, eclipsing its 52-week high. So far today approximately 878,000 shares have been exchanged, as compared to an average 30-day volume of 6.2 million shares. In the past 52 weeks, shares of Dropbox Inc have traded between a low of $1...

DBX - Dropbox Inc Looks to Continue to Trade Above its Annual-High Share Price Today

Shares of Dropbox Inc (NASDAQ:DBX) traded today at $30.05, eclipsing its 52-week high. So far today approximately 878,000 shares have been exchanged, as compared to an average 30-day volume of 6.3 million shares. Dropbox Inc (NASDAQ:DBX) has potential upside of 3.2% based on a current pr...

DBX - SaaS Stocks: A Post-Fed Winner, But Mind The Hangover (Podcast)

The Fed's meeting was the (expected) smallest of tone shifts, rather than a major policy adjustment. One of the sectors that emerged as a winner in the market's eyes? SaaS (software as a service) stocks. New boss, same as the old boss. Covid winners have held up better than some m...

DBX - Tracking Chase Coleman's Tiger Global Portfolio - Q1 2021 Update

Chase Coleman’s 13F portfolio value increased from $39B to $43.47B this quarter. Tiger Global increased DocuSign, DoorDash, Shopify, and Zoom Video while decreasing Uber Technologies and Facebook during the quarter. The largest three positions are JD.com, Microsoft, and Rob...

DBX - Inflation Non-Transitory? 3 Reasons Why Paul Tudor Jones Might Be Right And How To Position For It

After last week's record inflation read-out at 5%, well-respected hedge fund manager PT Jones shared his opinion at a CNBC interview on why it won't be transitory. In this article, I discuss the three main drivers for inflation. The data shows that they remain at unprecedented levels,...

DBX - The Stocks To Focus On Today

Inflation is here; and that means these groups ought to be on your radar. The best stocks within every sector now. Over 20 new stocks join our 'best stocks' list this week. For further details see: The Stocks To Focus On Today

DBX - Zoom named top pick as RBC starts slate of software names

Alistair Berg/DigitalVision via Getty Images In a broad note about the software industry, RBC initiates or assumes coverage of 10 stocks and names Zoom (ZM), Twilio (TWLO), and Pegasystems (PEGA) as its top picks. The firm sees multiple secular drivers for the software industry, remaining bul...

DBX - Shares of Dropbox Inc (DBX) Have Risen Above Previous 52-Week High

Shares of Dropbox Inc (NASDAQ:DBX) traded today at $29.36, eclipsing its 52-week high. This new high was reached on below average trading volume as 878,000 shares traded hands, while the average 30-day volume is approximately 6.5 million shares. Dropbox Inc share prices have moved betwee...

DBX - An Activist Investor Just Revealed a Stake in Dropbox: Here's What Investors Need to Know

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...

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