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Sunday, August 16, 2020

Dropbox Strongly Discounted Despite Impressive Quarterly Earnings

Dropbox Strongly Discounted Despite Impressive Quarterly EarningsThe financial outlook of Dropbox (NASDAQ: DBX) looks pretty respectable but many investors are still skeptical of the file hosting service company – mainly because of tough competition from services such as Google's Drive and Microsoft's One Drive. Despite impressive financial results and analysts upgrades, the stock is trading at a 20% discount from pre-earnings […]


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