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Stock impact report

Dropbox (DBX) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]

Dropbox, Inc. - Class A (DBX) 
Company Research Source: Yahoo! Finance
3 min read In This Article ^GSPC DBX Dropbox (DBX) closed at $32.13 in the latest trading session, marking a -0.83% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.53% for the day. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.25%. Prior to today's trading, shares of the online file-sharing company had gained 7.86% over the past month. This has outpaced the Computer and Technology sector's loss of 0.75% and the S&P 500's gain of 1.24% in that time. Investors will be eagerly watching for the performance of Dropbox in its upcoming earnings disclosure. On that day, Dropbox is projected to report earnings of $0.62 per share, which would represent year-over-year growth of 24%. Meanwhile, the latest consensus estimate predicts the revenue to be $638.53 million, indicating a 0.56% increase compared to the same quarter of the previous year. Investors should also take note of any recent adjustm Show less Read more
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