Aaron Levie, the chief executive of Box, the fast growing online file sharing company that aims to go public next year, said he’s in no race to beat competitor Dropbox to an initial public offering.
We are transferring coverage of file sync and share and content management providers Dropbox and Box. Both were pioneers in FSS, but as the market commoditized, they moved toward content management.
Dropbox’s DBX shares have gained 40% in the trailing six months, outperforming the broader Zacks Computer & Technology sector’s return of 8.3% and the Zacks Internet Services’ appreciation of 12.1%.
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Dropbox (DBX) exceeds market returns: Some facts to consider
In the latest close session, Dropbox (DBX) was up +1.06% at $26.58. The stock's performance was ahead of the S&P 500's daily gain of 0.5%. Meanwhile, the Dow gained 0.64%, and the Nasdaq, a tech-heavy ...
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