Dropbox Stock Is 11% Down At Session Start Today

(VIANEWS) – Shares of Dropbox (NASDAQ: DBX) dropped by a staggering 11.44% to $21.22 at 10:23 EST on Monday, after two consecutive sessions in a row of losses. NASDAQ is falling 0.58% to $11,787.27, after two successive sessions in a row of losses. This seems, up to now, a somewhat down trend trading session today.

Dropbox’s last close was $21.22, 15.09% under its 52-week high of $24.99.

About Dropbox

Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2021, the company had approximately 700 million registered users. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Dropbox has a trailing twelve months EPS of $-0.62.

More news about Dropbox (DBX).

Leave a Reply

Your email address will not be published. Required fields are marked *