Dropbox: Top Line Trends Are Worsening Further
DBXDropbox(DBX) Seeking Alpha·2024-08-13 03:38
funky-data The markets are expecting a tough macro climate across all industries heading into the second half of this year, but when investing in tech stocks, one rule remains paramount: don’t trust a company that isn’t able to grow. For Dropbox (NASDAQ:DBX), this unfortunately appears to be the case, as the file storage company continues to post lackluster growth rates and customer additions. Year to date, shares have lost more than 20% of their value. It rebounded ever so slightly after posting Q2 res ...