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3 Stocks to Sell That Have Underperformed the Russell 2000 This Year
Investor Place· 2024-07-25 16:10
Disney (DIS) Questionable leadership, disappointing long-term returns, and activist initiatives that went nowhere suggest that investors may want to stay away from Disney stock. A potential strike will only make things worse. Workhorse is one of the many EV stocks that captured investors' imaginations as long as they didn't look at pesky things like fundamentals and long-term viability. Workhorse has commercial vehicles, but it's never a good sign when the company publishes a press release about regaining c ...
Dropbox (DBX) Up 8.4% in a Month: How Should You Play the Stock?
ZACKS· 2024-07-15 15:45
Dropbox's expanding AI-powered product portfolio has been a key catalyst in driving up the paid user base. Its strategy of leveraging AI to develop products that organize all cloud content on a single platform is a positive. Image Source: Zacks Investment Research Dropbox is benefiting from an innovative portfolio and strong partner base that includes the likes of Google, Slack, Adobe, Atlassian, Zoom, Microsoft (MSFT) , Salesforce (CRM) and NVIDIA (NVDA) . Dash's latest enhancements improve search function ...
End to Gloomy Startup Landscape as Investors Prepare For Dealmaking, According to DocSend Mid-Year Metrics Analysis
Prnewswire· 2024-07-11 13:00
Founders eagerly seek capital while investors gear up to use dry powder DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, today released a data analysis of its Pitch Deck Interest (PDI) metrics showing 2024 investor pitch deck engagement rose after global startup funding hit a five-year low. The analysis shows VCs are confident in the marketplace and founders (activity up 10.8% YoY) may finally be able to get the funding they need. DocSend, a secure document sharing platform and ...
Dropbox (DBX) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-07-10 23:20
Dropbox (DBX) closed at $21.87 in the latest trading session, marking a -0.68% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%. Shares of the online file-sharing company have appreciated by 2.32% over the course of the past month, underperforming the Computer and Technology sector's gain of 8.46% and the S&P 500's gain of 4.44%. Market participants will be closely following the finan ...
Dropbox (DBX) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-06-25 23:21
The online file-sharing company's shares have seen a decrease of 4.76% over the last month, not keeping up with the Computer and Technology sector's gain of 4.06% and the S&P 500's gain of 2.83%. For the full year, the Zacks Consensus Estimates project earnings of $2.12 per share and a revenue of $2.54 billion, demonstrating changes of +7.07% and +1.66%, respectively, from the preceding year. Our research reveals that these estimate alterations are directly linked with the stock price performance in the nea ...
Dropbox (DBX) Stock Jumps 5.6%: Will It Continue to Soar?
ZACKS· 2024-06-24 12:50
Dropbox (DBX) shares ended the last trading session 5.6% higher at $22.13. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.5% loss over the past four weeks. This online file-sharing company is expected to post quarterly earnings of $0.52 per share in its upcoming report, which represents a year-over-year change of +2%. Revenues are expected to be $629.65 million, up 1.2% from the year-ago quarter. For Dropbox, th ...
Here's Why Dropbox (DBX) is a Strong Value Stock
ZACKS· 2024-06-20 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as ...
Dropbox (DBX) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-06-14 23:15
The most recent trading session ended with Dropbox (DBX) standing at $21.23, reflecting a +1.48% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 0.12%. The investment community will be paying close attention to the earnings performance of Dropbox in its upcoming release. The company's earnings per share (EPS) are projected to be $0.52, reflecting a 1.96% increase from the same quarter ...
Why Dropbox (DBX) is a Top Growth Stock for the Long-Term
ZACKS· 2024-06-14 14:45
The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. What are the Zacks Style Scores? Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chan ...
Is the Options Market Predicting a Spike in Dropbox (DBX) Stock?
ZACKS· 2024-06-05 13:56
Investors in Dropbox, Inc. (DBX) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $15.00 Call had some of the highest implied volatility of all equity options today. Click to see the trades now >> What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one directio ...