Why Dropbox (DBX) Outpaced the Stock Market Today

Dropbox (DBX) closed the latest trading day at $29.74, indicating a +0.54% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, lost 0.06%.Coming into today, shares of the online file-sharing company had lost 1% in the past month. In that same time, the Computer and Technology sector lost 0.39%, while the S&P 500 lost 2.7%.Investors will be eagerly watching for the performance of Dropbox in its upco ...