Dropbox

DBX

Market cap $7.81B

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In the latest trading session, Dropbox (DBX) closed at $30.21, marking a -1.44% move from the previous day.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

In the latest trading session, Dropbox (DBX) closed at $31.36, marking a +1.95% move from the previous day.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Dropbox (DBX) closed at $31.68 in the latest trading session, marking a -1.52% move from the prior day.

These moves not only signal confidence from management, but also give these firms substantial ability to lower their outstanding share counts over time. Doing so provides a tailwind to key metrics like earnings per share (EPS), which often correlates with rising share prices.

SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (“Dropbox” or the “Company”) (Nasdaq: DBX), today announced an amendment to its existing Credit and Guaranty Agreement providing the Company with up to an additional $700 million in delayed draw secured term loans. The amended facility was led and substantially provided by Blackstone Credit & Insurance, who served as lead arranger and lead structuring agent. Proceeds of the additional delayed draw term loans may only be used to repay the Company.

Dropbox (DBX) is well positioned to outperform the market, as it exhibits above-average growth in financials.