Shares of Dropbox, Inc. (NASDAQ: DBX - Get Free Report) have received an average recommendation of "Reduce" from the seven ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the
Dropbox co-CEO Ashraf Alkarmi chooses five areas each quarter where he can make significant progress. He said it has become a "filter" for how he spends his time.
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Dropbox has been "virtual-first" since 2021, and its new co-CEO says he plans to keep that model. The company has a mostly remote structure, and hosts a handful of off-site gatherings.
Amundi lessened its holdings in shares of Dropbox, Inc. (NASDAQ: DBX) by 43.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,263 shares of the company's stock after selling 84,488 shares during the period. Amundi's holdings in Dropbox