5/11/2023 0 Comments Dropbox stock ipo![]() The balance went to executives and venture capital firms. That means that Dropbox itself only pocketed 552 million. out that even though Dropbox’s current valuation is a bit conservative, it still could see. Dropbox sold 26,822,409 shares of stock by insiders, and investors sold 9,177,591. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. The Dropbox IPO is expected to be one of the biggest tech stock offerings since Snap in 2017. is raising private capital through a private placement of securities while Box.com is raising public capital through an initial public offering. stock DBX, -4. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dropboxs stock rises 3 on sales, earnings beats. On March 23, 2018, its first trading day, the stock opened at 29 per share, 38 above its IPO price-meaning Dropboxs. It currently trades for 20. One day later, the IPO was priced at 21, above its expected price range. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Dropbox ( NASDAQ: DBX) IPOed in March 2018, going public at 21 per share and opening at 29. It's also trading above its IPO price of 21 again, after sliding below it in the final few. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Dropbox's stock has risen about 20 this year, but it still looks cheap at 18 times forward earnings. Factset: FactSet Research Systems Inc.2019. Per Tipranks, the average price target on Dropbox stock is around 34, from the 12 analysts covering the stock. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. The stock is holding its gains since its IPO when it rose 40. ![]()
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