Dropbox initially saw gains of over 10% after announcing second quarter financial results that beat expectations. Despite beating expectations, shares reversed after Wall Street digested that the company’s chief operating officer Dennis Woodside would be stepping down from the company. For the second quarter, the company reported earnings of 11 cents a share, excluding certain … Continue reading “Dropbox Shares Fall on COO Leaving Despite Earnings Beat”
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So This is How Dropbox Shares Did on Their First Date of Trading
Cloud storage company Dropbox made its debut in the market on Friday trading on the…
March 23, 2018